KNOW MORE ABOUT GRATUITY

                                              

 KNOW  MORE ABOUT GRATUITY

TYPES OF GRATUITY

1.      Service Gratuity     

2.      Retirement Gratuity

3.     Death   Gratuity

4.     Residual Gratuity.

service Gratuity: 

Those who have not completed pensionable service and discharged, they are given with Service Gratuity, no Pension.

The Rate is calculated at uniform rate  of ½  of monthly emolument for each completed 6 months period of service under Rule No.49 (1).

Retirement Gratuity:

This is payable on completion of pensionable service .  The rate is ¼ of emolument for each completed 6 months period of qualifying service to a maximum of 16 .5 times of the emolument , the Maximum limit is 10 lakhs.

Death Gratuity :

In the event of Death while in service, death benefit is payable to his family/ nominee at the following rates:

Length of service:

Less than one year……..2 times of emolument

One year and above but  less than five year….6 times of emolument

5 yrs and above but  less than 20 yrs…..12 times of emolument.

20 yrs and above…...1/2 of emolument for every                                                                   Completed 6 months period      

                                                                        Subject to a maximum of 33 times

                                                                        Of emolument and Max.10Lakhs.

This death gratuity is admissible to Government servants whether Permanent  or Temporary.

Residual Gratuity:

If a Government servant dies within 5 years from the date of his retirement/ discharge, and if the sum of Gratuity already received by him is  less than 12 times the emolument, then the deficiency is called the Residual Gratuity. This differential amount is to be paid to his family/ nominee.

Dear veteran brothers, please find  out  and help the affected widows in your areas  to get their Residual Gratuity  .