Showing posts with label LTC. Show all posts
Showing posts with label LTC. Show all posts

Tuesday, 12 February 2019

Encashment of earned leave along-with Leave Travel Concession

Government of Punjab, Department of Finance(Finance personnel II Branch) vide its letter No.1/16/12011-3FP2/617 Dated: Chandigarh, 3rd October 2011 issued instructions regarding encashment of 'ten days' earned leave on availing leave travelling concession. for encashment of ten days earned leave conditions are as follows:-
  • Encashment of earned leave only allowed once, during the Leave travelling concession block of 4 years.
  • Encashment of earned leave shall be limited to the extent of 60 days in entire service.
  • Encashment of earned leave shall not be deducted from the maximum of earned leave encashable at the time of retirement.
  • Encashment of leave shall be admissible without any linkage to the number of and nature of leave availed for LTC.
  • If both husband and wife are government employees, encashment of earned shall be admissible to both of them subject to maximum condition of 60 days in entire service career.
Notification of Government of Punjab can be downloaded from here.👇

Monday, 29 January 2018

Payment of 10 Days leavencashment on avialing LTC

In these Instructions Government Clarified that on availing Leave Travelling Concession if an employee takes Earned Leave. Then it will be deducted from leave account of that employee. Instead of this 10 days Earned Leaves will also be deducted for which an employee claims leavencashment.

No. 1/16/2011-3FP2/111 Dated:05-06-2014