Hi, Good Morning All. Can anyone suggest the following case?
One of our employees died while in service at the age of 54. Should we calculate his gratuity until the closure of his service (retirement) or until the date of death?
It will be really helpful if any one can guide me in this matter.
Thanks & Regards,
Nethra. K
From India, Bengaluru
One of our employees died while in service at the age of 54. Should we calculate his gratuity until the closure of his service (retirement) or until the date of death?
It will be really helpful if any one can guide me in this matter.
Thanks & Regards,
Nethra. K
From India, Bengaluru
The legal requirement is to pay gratuity calculating the period of service till the date of death. If you pay up to the date of retirement, the extra amount paid thereof will be a voluntary benefit extended by you.
From India, Mumbai
1534From India, Mumbai
Hi,
Gratuity payment to be calculated till the date of death only.
For Companies having tie up with LIC under Group Gratuity scheme, if they have opted for a special rider option then LIC will pay Gratuity till the retirement date of the deceased.
From India, Madras
Gratuity payment to be calculated till the date of death only.
For Companies having tie up with LIC under Group Gratuity scheme, if they have opted for a special rider option then LIC will pay Gratuity till the retirement date of the deceased.
From India, Madras
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.
FW Full and final settlement of all my dues including salary leave encashment Gratuity PF .zip
Circular Dated 28-10-2016 for settlement of PF Death Case Claims within 7 days.pdf