dear sir
As per section 4 of the payment of gratuity act, the gratuity shall be payable to an employee on his death or disablement due to accident or disease, provided that the completion of continuous service of five years shall not be necessary where the termination of employment of any employee is due to death or disablement;
Under the circumstances, please pay the gratuity at the rate of 15 days salary per completed year of service in excess of 6 months to be rounded of to 1 year.
From India, Pune
As per section 4 of the payment of gratuity act, the gratuity shall be payable to an employee on his death or disablement due to accident or disease, provided that the completion of continuous service of five years shall not be necessary where the termination of employment of any employee is due to death or disablement;
Under the circumstances, please pay the gratuity at the rate of 15 days salary per completed year of service in excess of 6 months to be rounded of to 1 year.
From India, Pune
As per our company practice we will pay gratuity for all those years from his date of joining to attending the age of superannuation i.e. 58 years. Criteria of 5 years services is not considered in death case. Actual + Future gratuity we are paying.
Regards.
Ulhas
From India, Pune
Regards.
Ulhas
From India, Pune
Dear Ulhas,
It is really very humane of your company management for this consideration for employees who die during employment service.
So if,
- Mr. X, aged 25 years, a confirmed employee who had just completed 5 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
- Mr. Y, aged 25 years, a confirmed employee who had just completed 9 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
- Mr. Z, aged 25 years, a confirmed employee who had just completed 5 Years 2 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
** Last Drawn Salary
Please confirm my understanding.
Kind Regards,
Lancy Menezes
From India, Mumbai
It is really very humane of your company management for this consideration for employees who die during employment service.
So if,
- Mr. X, aged 25 years, a confirmed employee who had just completed 5 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
- Mr. Y, aged 25 years, a confirmed employee who had just completed 9 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
- Mr. Z, aged 25 years, a confirmed employee who had just completed 5 Years 2 months of service & had a fatal accident, then gratuity settlement will be 15 days salary (Basic + DA)** X 33 Years.
** Last Drawn Salary
Please confirm my understanding.
Kind Regards,
Lancy Menezes
From India, Mumbai
Hi Ulhas,
I also would like to know about this.
If any employees passes away during his service, is he eligible for gratuity up to his completed years of service + nos of years of service upto his probable retirement date?
Can you please revert with the details.
Regards,
From India, Sholapur
I also would like to know about this.
If any employees passes away during his service, is he eligible for gratuity up to his completed years of service + nos of years of service upto his probable retirement date?
Can you please revert with the details.
Regards,
From India, Sholapur
who has served the organization for less than a year then gratuity calculation for one year only.
If it is more than year then his Joining date to attending the age of superannuation like your case of Mr.Z.
hope this will enough to resolve your query.
Regards.
Ulhas
From India, Pune
If it is more than year then his Joining date to attending the age of superannuation like your case of Mr.Z.
hope this will enough to resolve your query.
Regards.
Ulhas
From India, Pune
Dear all,
As per Payment of Gratuity Act, it is compulsory to take insurance of the employees against the gratuity and in death case, Organisation has to calculate the gratuity up to the period employee has worked with the organisation as per formulas above given and organisation has to claim the rest period (as if he/she would have worked up to retirement age)'s gratuity from the insurance company, which has to be paid to nominee of the demised employee.
Regards,
Sunil Shelke
From India, Ahmadabad
As per Payment of Gratuity Act, it is compulsory to take insurance of the employees against the gratuity and in death case, Organisation has to calculate the gratuity up to the period employee has worked with the organisation as per formulas above given and organisation has to claim the rest period (as if he/she would have worked up to retirement age)'s gratuity from the insurance company, which has to be paid to nominee of the demised employee.
Regards,
Sunil Shelke
From India, Ahmadabad
Dear Arun Talwar,
If termination is not for cause i.e. for any damages or loss to the company or the company reputation, then Gratuity should be payable.
Seniors, please confirm.
Regards,
Lancy Menezes
From India, Mumbai
If termination is not for cause i.e. for any damages or loss to the company or the company reputation, then Gratuity should be payable.
Seniors, please confirm.
Regards,
Lancy Menezes
From India, Mumbai
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