This Office Memorandum formalizes the rules for cash payment in lieu of unutilised Earned Leave on the date of retirement on superannuation.

Key Provisions:

• Calculation: The amount is calculated based on leave salary.
• Inclusions: Dearness Allowance at the rates in force on the date of retirement is included.
• Exclusions: No Compensatory Allowance or House Rent Allowance (HRA) shall be included in the calculation.
• Payment: The cash equivalent is paid in a lump sum as a one-time settlement.