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IRIFM re-engagement of retired Railway staff as consultants on fixed monthly remuneration (2026)

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Summary

IRIFM notification dated 10 August 2026 for contractual re-engagement of retired Railway staff as Sr.SO(A), Accountant (AA) or Sr.Instructor (Supervisory) consultants on fixed monthly remuneration. Applications close on 7 September 2026; maximum re-engagement age 65 years. Includes eligibility, selection, terms and blank Annexure A application form. This is not a GDCE/LDCE examination or regular appointment; vacancy count is not stated.

Text of the circular

INDIAN RAILWAYS INSTITUTE OF FINANCIAL MANAGEMENT (MINISTRY OF RAILWAYS) as ‘ Moula Ali, Secunderabad-500040 IRIEM

No.AAD /IRIFM/ Re-engagement/2026 ं Date: 10.08.2026 Notification

Sub: Calling of applications for Re-engagement of retired Railway Staff on contractual basis as Consultants on Fixed Monthly Remuneration.

===()-== With reference to the subject cited above, applications are hereby invited from retired Railway employees for re-engagement on a contractual basis against the posts of Sr.SO(A)/Accountant (AA)/Sr.Instructor(Supervisory) under

administrative control of Indian Institute of Financial management/Secunderabad, to meet exigencies of service. ः Eligibility Conditions:

» Retired Railway employees from any Zonal Railway/Production Units are eligible to apply

» The applicant should have retired from the same or allied cadre/category up to three levels higher than the post for which re-engagement is considered. However, Preference will be given to retired employees who retired from the same pay level as that of the post for which re-engagement is sought :

ह The Maximum age limit for re-engagement shail be 65 years

» The applicant should have obtained at least a "Good" grading in each of the

» The applicant should be free from DAR/Vigilance cases at the time of re- engagement

» The employees who have been Removed/Dismissed/Compulsorily Retired as a result of Disciplinary actions or on Review are not eligible for re- engagement.

Time period & Terms of Engagement:

Engagement period of an individual retired staff will be for a period of 1 year or till further orders, whichever is earlier. However, based on satisfactory performance of a re-engaged retired staff, his/her period of engagement can further be extended for a further period of one year or till attainment of 65 years of age, whichever is earlier.

» The engagement shall be purely on a contractual basis and shall not confer any right for regular appointment, can also be terminated at any time without notice.

» The designation of the re-engaged Railway Employee will be consultant followed by i.e Employee’ appointed against the post. of

Sr.SO(A)/Accountant (AA)/Sr.Instructor(Supervisory) may be designated as Consultant (Sr.SO(A)/Accountant(AA)/Sr.instructor).

Remuneration:

Monthly remuneration, allowances and leaves of re-engaged retired employees will be as per letter OM No. F.No.3-25/2020-E.IIIA dated 09.12.2020 issued by the Department of Expenditure, Ministry of Government of India.

» A fixed monthly amount shall be admissible as remuneration during the contract period, arrived at by deducting the basic pension from the pay drawn at the time of retirement. The amount of remuneration so fixed shall remain unchanged for the term of the contract.

» No annual increment, Dearness Allowance and HRA shall be allowed during the term of the contract.

» An appropriate and fixed amount as Transport Allowance for the purpose of commuting between the residence and the place of work shall be allowed not exceeding the rate applicable to the appointee at the time of retirement.

The amount so fixed shall remain unchanged during the term of appointment

» Paid leave of absence may be.allowed at the rate of 1.5 days for each completed month of service:;ACcumulation:of leave beyond a calendar year may not be allowed

Re-engaged employees shall-be on duty as

er requirements. The duty rk by the administration. The

-of leaves (Like CL, RH, LAP, ction will be made from the

Re-engaged employees will not be eligible for any kind SICK Leave etc). For absence: of any,. appropriate dé monthly remuneration ey

Selection Procedure:

_ ह The Suitability/Competency of the applicants shall be adjudged by a duly constituted Selection Committee. .

» The [Integrity and service record of the applicants shall be verified before their engagement. There shall be no criterion of seniority for assessing suitability. The decision of the selection committee regarding the selectio

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