Aniket Pathak
Sr. Officer Hr
Korgaonkar K A

Thread Started by #ramakrishna-rao

We would like to implement Group Gratuity Scheme in our Company. Our employer would like to keep the funds as like PF trust. Fund will be managed by the HR & Finance Departments. Rather than opting 3rd party, is there any provision to maintain the funds? If anybody is aware of this, please help us.
14th June 2018 From India, Hyderabad
Dear Friend,
I advise you to read the thread in below given link. Make your own study first on the subject then your query will be welcomed by me.
I further request you to name your State in which you operate your company. It seems to me that you are from A.P.
17th June 2018 From India, Mumbai
Sure you can do that, but, then you as a company will be liable to pay the gratuity.
30th June 2018 From India, Pune
Yes LIC has Group Insurance Scheme. You can contact them. The contribution is based on employee's basic salary. The payment of gratuity is within a month.
2nd August 2018 From India, Kolkata
The Life Insurance Corporation has Group Gratuity Insurance Scheme & for EL Encashment Also. So You may contact the LIC Office for details of the scheme. In my company we are also depositing Gratuity & EL through LIC.
Note: Looking for a Change. Vacancy in HR & Admin Dept. at Odisha - Preferred Area - Keonjhar, Cuttack, Bhubaneswar etc. in any reputed company may intimated through my mail id:
10th August 2018 From India, Bhubaneswar
The Life Insurance Corporation has Group Gratuity Insurance Scheme & for EL Encashment Also. I am one of the LIC associate and doing insurance services for Individual and Corporate. please do let me know your details. I will send the details according to your expectation.
Thank you
17th August 2018 From India, Madras
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