Railway employees are allowed to cash in up to 10 days of LAP when using Railway Passes during their service. After considering the encashment period and leave taken, the employee should have at least 30 days of LAP remaining. The total LAP cashed in throughout an employee's career should not exceed 60 days. A minimum of two years must pass before encashment can occur again. (Refer to Rule 540A of IREC Vol.I & RBE.No.161/2008)
Railway employees can cash in up to 10 days of LAP without it being tied to the number or type of leave taken when using passes/PTOs. (Refer to RBE.No.104/2009)
Railway employees who are eligible for LTC but choose to use the LTC offered to their spouses working in PSUs / Corporations / Autonomous Bodies etc., and who are not eligible for LTC because their spouse works for the Indian Railways and is eligible for privilege passes, can cash in leave while using their spouse's LTC, provided all conditions are met. (Refer to RBE.No.208/2009, 157/2018)
Railway employees must take leave, including casual leave. Holidays, including restricted holidays, are not considered leave for the purpose of LAP encashment when using Privilege Pass /PTO. (Refer to RBE.No.95/2011) Read more
| Components | Description |
|---|---|
| Cash Equivalent= | (Basic Pay + DA) x No. of days of LAP ------------------------------------------------ 30 |