Employees of government and the private organization have a facility to accumulate to eaned leave up to 300 days. At the time of retirement, the employer will pay the salary of a maximum Ten-Months against unused leave days by the staff.
This Leave encashment rule applies to all government departments including the Indian Railways employees.
Here I will discuss the formula for the calculation of Leave encashment amount at the time of retirement from the service of Railways department.
To find out the actual leave encashment amount, you need to enter the basic pay (As per 7th CPC) in the following form. You will get the details of eligible amount in the output section.
Read it also: Railway Employee Pension Commutation Formula