Dear Prema,
The draft could be as below. I have prepared it as per my understanding. However, you can make changes as per your requirement.
Date: -
Office Circular No ---/2011: Disbursement of LTA
All the staff members are hereby informed that the rules for the disbursement of LTA have been revised. Hitherto, the LTA was paid as and when the claim was received. However, it has been decided to streamline this process.
Hereafter, irrespective of the receipt of the LTA claim, the claim will be settled in the month of April. The last date for the receipt of the claim to the HR Department is 31st March. Claims received after this date will be settled in the subsequent financial year.
Upon receipt of the LTA claim, the HR department will vet and process the claim and forward it to the accounts department. The accounts department will scrutinize the claim and keep it pending for payment.
In the month of April, a designated member of the accounts department will initiate the payment process. The claim amount will be directly credited to the bank account of the employee, and no separate cash or cheque payment will be made.
Employees who join the company in the middle of the year can also make the claim, but they will be paid a pro rata amount. However, the employee must have completed 90 days of continuous service (including Sundays and holidays) to become eligible for this pro-rata amount of LTA.
The rules for the submission of the original copies of tickets of rail travel or boarding passes for air travel along with the LTA Claim Form will remain the same, and there is no change in these rules.
Staff members who do not avail of any leave will be paid a fixed amount as LTA as per their designation. They need to submit the LTA claim form even for this blank claim. However, for the payment of the blank claim, their five days of earned leave will be deducted. If they do not wish this deduction of the five days leave, then they will not be paid any LTA amount.
Authorised Signatory
Point No 7: By the way, I did not understand the exact meaning of the statement "For those who had not taken LTA leave, we will deduct 5 Earned Leave from your leave account." I have written it as per my understanding; however, you can make necessary changes as per my requirement.
Thanks,
Dinesh V Divekar