Gratuity On Transfer To Sister Company

Vijayaprakash
Dear All,
After working for about 11 years I have been transferred to our sister concern for a year now and since then my date of joining displays the new date. I would like to know:
a) whether i can withdraw the gratuity amount now?
b) If i resign how many year's of gratuity will be payable?
Thanks & regards,
Viju
sethupathy
Dear Viju,
a) You can apply for the gratuity in the parent company for 11 years of services .If the two companies are different entities you have no option to transfer gratuity from one separate entity to another.
B) If you resign in the new company with one year of service, you are not eligible for gratuity.
S.Sethupathy,
Excellent Hr Services,
Erode
srupadam
Kindly check the tansfer letter given by the first compny, they must have mentioned as: For your all long term benifits your earlier date of joining would be considered
If this is not mentioned in the letter, u should check with HR people.
saswatabanerjee
Hi vijay
Terms of appointment remains the same does not mean anything.
The transfer letter specifically needs to specify that the date of appointment will be considered from the date of joining of the parent company for all benefits and retirement benefits
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