Gratuity - Death Case

mukeshipm
in death case, what is the eligibility for the gratuity????
Ravi_gupta05
Dear Mukesh
Gratuity = Last Drawn Wages (Basic + DA) *No of years worked * 15 /26
In case of death of an employee :
Completion of minimum 5 years continuous service condition is not necessary
kuldeeprawat21
Dear Mukesh,
In case of death of an employee :
Completion of minimum 5 years continuous service condition is not necessary but minimum 240 days continuous service necessary...
kprasoon
It depends upon the group gratuity policy you have taken from the Insurance institutions.
Generally, there is a separate life cover also...thats apart from the regular gratutity coverage paid at the time of separation from the establishment.
regrads,
Kamal
Prateek Singhal
Hi Mukesh,
There is also a concept called future service gratuity that is beneficial to the employees in case of an unfortunate event the nominee of the employee is entitled for the entire amount of gratuity the deceased employee would have received had he worked till retirement in the company.
Hence better than other normal gratuity schemes.
Regards
Prateek Singhal
HR PROF.
An employee served continuous service for 4 year,in the fifth year he served for 15 days then fell seriously ill ,could not continued duty and later died with in 50 years of 5th year.
will he be eligible for gratuity.if yes what amt if his basic is rs, 7000
yagnaiah. k
Please refer Sec. 4 of the Payment of Gratuity Act, which says that completion of continuous service of five years shall not be necessary .........................is due to death or disablement.
Regards
The Mother
Dear Friend,
If basic is Rs.7000/-, his nominee will get an amount of Rs.16154/- for four years of service. In death cases no minimum service is needed to get gratuity benefit.
N.LOKANADHA BABU, MANAGER-HR
varghesemathew
It is not correct to say that minimum service is not applicable for death cases .one yrs continuous service is mandatory.
Varghese mathew
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