Pay, Allowances and Advances

Railway Board Tenure Allowance

  • Group A officers posted in Railway Board as Deputy Director/Joint Director/Director Railway Board Tenure Allowance shall be paid @ 10% of Basic Pay subject to maximum limit of Rs. 4000/-
  • It will not be paid more than normal tenure of 3 years for Deputy Director and 4 years for Joint Director and 5 years for Director.
  • No such allowance shall be paid for Executive Director and above.
  • Not admissible for Deputy Director/Joint Director/Director given extension/reemployment after superannuation.

Reengagement of retired Running Staff on daily remuneration basis

General Managers are authorized to re-engage retired employees with the following conditions:

 

1.    Railway should issue necessary notification for such re-engagement by giving wide publicity through open advertisement so that all may get equal opportunity.

2.    Re-engaged employees should not have been covered under the Safety Related Retirement Scheme/Liberalized Active Retirement Scheme for Guaranteed Employment for Safety Staff (LARSGESS).

Retirement benefits

Applicability

The following rules regarding pension apply only to those appointed on or before 31.12.2003.

  • Railway Services (Pension) Rules 1993.
  • Railway Services (Pension Commutation) Rules 1993
  • Railway Services (Extraordinary Pension) Rules 1993

Railway Servants who have been appointed or or after 1.1.2004 New Pension Scheme will apply.

Benefits to all staff at Death/Retirement

Overtime Allowance

Principle of averaging

  • Avergaing shall be done by averaging the hours of work  over the averaging periods(that is a week in case of EI and two-weekly in case of Continuous and Intensive rosters).
  • This shall apply to: 

(i)   Running staff

(ii)  Operating staff

(iii) Shift workers

(iv) other Railwa employees whose work is connected with the work of any of these categories.