Thread Started by #ParamVeena

Our Company has changed retirement age from 58 years to 60 years. Whether Gratuity is payable for service upto 60 years?
11th July 2018 From India, undefined
Yes.
The main condition is 5 years continuous service and not age of retirement/exit.
11th July 2018 From India, Pune
Hi
It is mandatory to pay gratuity till sixty years. An employee who completes five years continuous service is entitled for gratuity. In you case since the retirement age is changed to sixty years an employee attaining the age of sixty years is eligible for gratuity till his superannuation.
Regards
P.S.Lakshmanan
S. G. Management Services
(PAN INDIA Consultant – Labour Law Compliance,
PF, ESI, P Tax, Benefit Management &
POSH COMPLIANCE) - KOLKATA
12th July 2018 From India, Kolkata
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22nd August 2018 From India, Kasaragod
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