PERFORMANCE LINKED INCENTIVE (PLI) BASED ON CDS GRADING
FOR FINANCIAL YEAR 2023-24

Please refer to our Circular No. CDO/P&HRD-PM/49/2017-18 dated 12th October 2017 and CDO/P&HRD-PM/18/2023-24 dated 01st July, 2023 on the captioned subject.

2. The Scheme for Performance Linked Incentive (PLI) based on CDS grading was last approved by the Central Board in its meeting held on 27th September, 2017. Accordingly, the Competent Authority has accorded approval for the payment of PLI based on CDS Grading for the financial year 2023-24 to all employees who were graded “AAA”, “AA” & “A” in CDS as on 31st March, 2024.The saliente fatures for payment of the PLI for FY.2023-24 are as under:

A.ELIGIBILITY:

a.i.Eligibility for PLI shall be based on CDS grade as on 31st March, 2024.

a.i.1.a. All Clerical Staff and Officers up to TEGSS-II who are in service
and covered under CDS as on 31.03.2024. 
a.i.1.b. Employees, who retired (normal retirement) on or after 30th
September 2023 and graded in CDS as on 31.03.2024. 
a.i.1.c. Officers/employees on probation but graded in CDS as on
31.03.2024. 

a.ii. Employees, posted at both operating as well as administrative office, with
CDS grade of ‘AAA’, ‘AA” & ‘A’ shall be eligible for PLI.
a.iii. Officers who are posted abroad or on deputation to other
organizations/GOI/ subsidiaries, have been covered under the Scheme.
However, if a separate performance incentive scheme is there in operation at the deputed organisation, they will have an option to choose either of the two.

(No pro-rata payment).

For further information please download the attached file