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Saturday, June 30, 2018

ENCASHMENT OF LEAVE ON AVERAGE PAY


Encashment of LAP

ENCASHMENT OF LEAVE ON AVERAGE PAY ALONG WITH RAILWAY PASS WHILE IN SERVICE

A Railway servant shall be permitted to encash leave on average pay upto 10 days at the time availing of Railway Passes while in service, subject to condition that:

1.A balance at least 30 days of leave on average pay should be available to his credit after taking into account the period of encashment as well as leave availed of.

2. The total leave so encashed during the entire career shall not exceed 60 days in the aggregate subject to the condition that successive encashment cannot be made minimum period of two years has elapsed.

3.The cash equivalent shall be calculated as follows namely:-

                                              Pay in the respective pay band plus                Number of days of leave on

                                             Grade pay admissible on the date of                  average pay subject to the

                                             Availing of railway pass plus dearness                maximum 10 days at one

Cash equivalent        =          allowance admissible on that date            X         time

                                            ------------------------------------------                 

                                                                     30

No House Rent Allowance or Transport Allowance shall be payable
4. The period of leave encashed shall not be deducted from the quantum of leave encashable under rule 549 or rule 550

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