Leave Encashment Rules in Punjab, Pakistan (2023)
Leave Encashment Rules in Punjab, Pakistan (2023) pdf file
Pension rules notification 2023
Introduction
Leave encashment is a benefit that is available to government employees in Punjab, Pakistan. It allows employees to cash in their unused leave days when they retire or resign from service. The leave encashment rules in Punjab were recently amended in 2023, and there are a few key changes that employees should be aware of.
Key Changes to the Leave Encasements Rules in Punjab
- The leave encashment amount will now be calculated on the initial basic pay of the employee’s pay scale, rather than on their last pay drawn.
- There will be no leave encashment for employees who die during service.
- Leave encashment will no longer be available on compulsory retirements.
How to Calculate Leave Encashment in Punjab
The leave encashment amount in Punjab is calculated using the following formula:
Leave encashment amount = (Basic salary + Dearness allowance) / 30 * Number of leave days
Where to Apply for Leave Encashment in Punjab
Employees who wish to apply for leave encashment in Punjab should submit an application to the concerned department. The application must include the following information:
- The employee’s name and employee ID number
- The employee’s date of retirement or resignation
- The number of leave days that the employee wishes to encash
Sure, here is the rewritten text:
Punjab Government Issues Notification on Leave Encashment
Body:
The Government of Punjab has issued a notification on the amended leave rules pertaining to leave encashment. The main points of the notification are:
- Employees will now get leave encashment on the initial basic pay of the concerned basic pay scale.
- Previously, employees were getting leave encashment on the basis of the last pay certificate at the time of retirement.
- The amendment will be applicable to all government servants who are going to retire on or after June 1, 2023.
- There will be no encashment of leave for government servants who die during service.
- Encashment will be provided on the initial stage of the pay scale instead of the last pay drawn.
- There will be no encashment on compulsory retirements.
The notification also includes details of the previous letters and previous rules. These can be combined with the new notification to get the final results of the new amendments in leave encashment rules.
Call to action:
For more information, please visit the website of the Government of Punjab or contact the relevant department.
Keywords:
- Punjab government
- leave encashment
- amended leave rules
- initial basic pay
- last pay certificate
- compulsory retirement
Conclusion
The leave encashment rules in Punjab were recently amended in 2023. Employees should be aware of the key changes to the rules, and they should follow the correct procedure to apply for leave encashment.
Keywords: leave encashment, punjab, pakistan, 2023, government employees, retirement, resignation, leave days, basic pay, dearness allowance, application.
Download Leave Encashment Rules in Punjab, Pakistan (2023) pdf file