My query is that in case of the death of an employee, the gratuity calculation is as follows: Basic+DA * Completed years of service * 15/26. However, someone told me that there is a Supreme/High Court judgment, according to which the gratuity is paid assuming he would have retired from the service if he were alive. For example, in the case of an employee joining the firm at the age of 25, who dies at the age of 26, and the normal retirement age of the firm is 58, then gratuity will be paid to the nominees by considering that he had worked with the firm for 23 years (i.e., 58-25).
Can anyone help me with the same?
From India, Delhi
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Can anyone help me with the same?
From India, Delhi
Acknowledge(0)Amend(0)
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