In case the continuous service (working days) is more than 4 years and 250 days, the employee is eligible for gratuity. The formula for calculation is already provided in the thread.
However, in my experience where we have settled the gratuity of a permanent worker in case of his death, the LIC settled the full claim considering till age 58 years, though the worker, when he died, was only 35 years old. The MP Govt Website also calculates the death cum retirement calculation on the same basis.
The Gratuity Act, however, is silent in this regard and clarifies only that regardless of years of service, the Nominee/Legal heir is eligible to claim gratuity in case of the death of the worker/employee.
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However, in my experience where we have settled the gratuity of a permanent worker in case of his death, the LIC settled the full claim considering till age 58 years, though the worker, when he died, was only 35 years old. The MP Govt Website also calculates the death cum retirement calculation on the same basis.
The Gratuity Act, however, is silent in this regard and clarifies only that regardless of years of service, the Nominee/Legal heir is eligible to claim gratuity in case of the death of the worker/employee.
From India
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Gratuity calculation.doc
Gratuity Calculation tool.xls