hr krishna
3

Is there any link PF service with Gratuity? If we do not have continuous service pf, are we eligible for gratuity or not?
Should we have complete 5 years service in one company only for getting eligibility for Gratuity?

From India, Hyderabad
umakanthan53
6018

Dear Krishna,
Generally, Employees Provident Fund under the EPF Act,1952 and Gratuity under the Payment of Gratuity Act,1972 are the statutory social security benefits available to the salaried employees employed in industries in India on the termination of employment.
However, they are distinctly different from each other in terms of applicability, coverage, method of institution of funds for distribution, computation of the benefit and its method of payment. Thus they are independent of each other, the eligibility for one does not have any impact on the other.
If a person gets employed in any establishment to which the PG Act,1972 is applicable u/s 1(3) and when he completes not less than 5 years of continuous service in the same establishment, he is eligible for gratuity under the Act irrespective of his nature of employment or the wages/salary received by him notwithstanding the applicability of the EPF Act to the establishment or the coverage of the scheme in respect of him.

From India, Salem
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.