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Retirement ageDear friends our company has policy of retirement age at 60 years now we want to increase this age by 2 years. kindly suggest the pro and cons of increasing this age particularly if there is any leagal requirment. hk Gratuity calculation if employee retired from job at the age of 63 years instead of 58 yearsDear sir /madam suppose a person retired from his job at the retained age of 63 years instead of 58 years . then such condition the employer liable to pay gratuity to employee as his/ her last salary drawn at the age of 63 years / 58 years and accordingly number of service years counts as per his / her age of 63 years / 58 years. suppose at the age of 58 years last salary drawn rs 5800 and number of year service is 12 years . suppose at the age of 63 years last salary drawn rs 7375 and number of year service is 17 years . pl. advice me . regards 9158009792 Age limits for pfCan we start a pf fund for an employee who is 58 years old???he is also partially handicapped..and will he be able to withdraw the pf if he works till 60yrs.i.e;2years....what if he continues on payroll even after he is 60 years of age...is there any upper age limit for regards leena Extension of gratuity after the age of retirement in a companyDear all in our company the retirement age is 55 years and there are few employees and directors who are still working in the company after the age of 55 i.e. retirement age. now my question is who to extend their gratuity coverage after the age of 55 years? we have lic group gratuity scheme. kindly let me know is there a process or form to be filed under group gratuity. regards smruti