No Tags Found!

A. NAGESWARA RAO
3

Dear Seniors, What is the retirement age and what are all the formalities and employers liabilities. Pl advise on the same.
From Oman, Salalah
umakanthan53
6018

Dear Nageswara Rao,
The retirement age would have been fixed in your standing orders or letter of appointment or service regulations. No statutory fixation of retirement age other than the EPF Act which sets 58 years of age for payment of contributions. If the age of retirement has not yet been prescribed so far in your establishment fix it for workman category and others and incorporate it accordingly in your standing orders or service regulations by means of necessary amendments.

From India, Salem
A. NAGESWARA RAO
3

Thank you for your advise Mr.Umakanthan.
From Oman, Salalah
A. NAGESWARA RAO
3

Sir, Otherthan Gratuity, Eligible bonus, EL balance amount any other benefits will he get.
From Oman, Salalah
umakanthan53
6018

No, Mr.Rao, an industrial employee, on his normal retirement on attaining the age of superannuation, will not get any terminal benefit other than what you've rightly mentioned from his employer.
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.