DoT has issued order for implementation of VRS 2019 Scheme subsequently guidelines for exercising Option to VRS 2019 also isued by BSNL. Hence we have developed a Common calculator to calculate the Ex Gratia Amount as per Clause 6.1 (a) of the Guidelines.
The Clause 6.1 (a) of the guidelines is given below
6.1 Lump-sum compensation or Ex-Gratia (a) The amount of Ex-Gratia for any eligible employee will be equal to 35 days salary of such employee for each completed year of service plus 25 days salary of such employee for every year of service left, until superannuation.
Provided further that this Ex-Gratia compensation shall not exceed the sum of salary that such employee would draw at the existing level (i.e. Basic Pay plus Dearness Allowance on the effective date of Voluntary retirement) during the service period left till superannuation from the effective date of VRS.
Note : Ex-Gratia compensation shall be subject to provisions in clause 6.1(c) & 6.1(d)
Disclaimer : Please note that the calculations displayed by this tool may not be 100% accurate, correct and/or complete and that they are intended solely for general information. Official Calculation is available at BSNL ERP Portal for eligible employees of BSNL