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Administration Manual - B.E.S.T. Undertaking.

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355<br />

the time of payment. (Ref. No.STK/1033/726/97 dt.13/08/1997,<br />

Instruction No.37.)<br />

6 Sick / Medical Leave is calculated by accounting the Basic Pay +<br />

DA (Month in which the employee is separated).<br />

Instruction No. 1 - SrSTK/1033/86/02 dated 19.2.2002 : Benefit of<br />

encashment of sick leave at the time of invalidation, death and voluntary<br />

retirement in terms of S.R. 4.10.2. to the staff who have put in 15 years<br />

service, is not applicable in cases of invalidation, death and voluntary<br />

retirement on attaining the age of 55 years, as these instances being<br />

exception to the condition of fulfilment of 15 years continuous service as<br />

stipulated in S.R. No.4.10.<br />

Payment of Compensation to invalidated member of staff terms and<br />

conditions.<br />

1) The members of staff must have completed not less than 10 years<br />

continuous service in the <strong>Undertaking</strong> as on the date of invalidation<br />

(i.e. at the close of work on his last working day) (Ref. No.<br />

AGM(P)/L/456(57)/ 26859/99 dt.231/05/1999)<br />

2) The amount of compensation will be at the rate of 45 days salary<br />

/wages (i.e. basic salary + DA) drawn by him in the month

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