Understanding Benefit Calculations: How Do Resignation and VRS Differ, Especially When VRS Is Forced?

Benefit Calculation Differences in Resignation and VRS

Please advise on the benefit calculation difference in resignation and Voluntary Retirement Scheme (VRS). Also, differentiate between VRS taken voluntarily by an employee and VRS taken forcefully by an employee (computation difference).

Regards,
Sivajith S.

Please advise on all terminal benefits to be provided to an employee and their computation method in the following scenarios:

1) If an employee opts for Voluntary Retirement
2) If the employer provides a Voluntary Retirement Scheme

Regards,
Sivajith S.