How to calculate the amount of Encashment of Leave Salary…

ENCASHMENT LEAVE SALARY

  
How to calculate the amount of Encashment of Leave Salary…

Here we have taken for refrence the Office Order issued by Ministry of Labour & Employment, Labour Bureau dated on 23.09.2010.

In this order the department calculate the encashment of leave salary for 300 days earned leave for an employee, who retired on 31.08.2010. [As per the Rule 39(2) C.C.S. (Leave) Rules, 1972 - DOPT Office Memoranum No.14028-7-97-Estt(L) dated 7th October, 1997]

The Calculation of leave salary is as under :-

Earned leave standing at the credit on the date of retirement = 300 days.

Pay 16290
Grade Pay 4800
DA @ 45% as on 1.7.2010 9491
Total 30581

Calcualtion for 300 days…

30581 X 300 / 30 305810

Total Leave Salary admissible = Rs.3,05,810
(Rupees Three Lakh five thousand eight hundred ten only)

To view the Office Order click here

Courtesy: www.90Paisa.blogspot.com

  
  

October 24, 2010  Tags:   Posted in: CCS Rules, DOPT Orders, Expected DA ďťż

3 Responses

  1. ramesh kumar - November 17, 2010

    i have draw leave encashement during LTC at june 2009 and as per six CPC my pay revised on MAR-2010. May I entitled for arrears of Leave encashment as per revised pay scale.

  2. SUNNY PATHAK - February 8, 2013

    ……

  3. Nitin - February 20, 2013

    hi i am nitin shukla working as a hr post, i am very confuse for my leave encashment, please confirm this.

    my basic rs.10000
    balance el leave 51

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