IREC Rule No.550(D): Cash Payment Of Un-utilized Leave In Case Of Re-employment
550(D). Cash Payment Of Un-utilized Leave In Case Of Re-employment:-
A Railway servant, who is re-employed after retirement may, on termination of his re-employment, be granted, suo-motu, by the authority competent to grant leave, cash equivalent in respect of both leave on average pay and leave on half average pay at his credit on the date of termination of his re-employment subject to a maximum of 300 days, including the period for which encashment was allowed at the time of retirement and the cash equivalent payable shall be the same as in sub-rule (A)(1)(b) of Rule 550.
[Authority: RBE No. 53/2010, No.F(E)III/2008/LE-1/2, 13.04.2010, ACS No.111]