How to calculate the amount of Encashment of Leave Salary...
Here we have taken for reference 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 Memorandum No.14028-7-97-Estt(L) dated 7th October, 1997]
The Calculation of leave salary is as under :-
| Pay | 16290 |
| Grade Pay | 4800 |
| DA @ 45% as on 1.7.2010 | 9491 |
| Total | 30581 |
Earned leave standing at the credit on the date of retirement = 300 days.
Calculation 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)
Order Copy
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