idrees-ahmed-khan
Hi All, I worked in a company for a total of 14 years (including an initial probation period of 1 year). I have recently resigned from the company 2 months ago. before resigning I checked my gratuity and Superannuation amount. However, after my resignation, they settled only my gratuity stating that the superannuation amount is eligible for only people completing 15 years of service. my doubt is whether there is any official rule for 15 years of service to be eligible for superannuation because in such cases the superannuation payslip should not be available till you complete the required years of service. any suggestion in this regard?
From India, Hyderabad
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Madhu.T.K
Seasoned Ir Professional

Madhu.T.K
4193

What is Superannuation amount? Other than gratuity there is no payment available to an employee who leaves even after 15 or 30 years of service. There can be company policy regarding payment of amount on retirement/ superannuation after completing 15 years and whatever mentioned in the said policy will be binding because it is not a mandatory payment.
From India, Kannur
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