Help Me To Get My Right Gratuity Amount

Hi All,
I am Ashok. I was working in a manufacturing company. I worked there for 22 years. At the time of leaving the company i got only Rs 95000 as Gratuity amount. At that time my salary was 21000 and my basic salary was 12000. It is almost 1 year back when i got this amount but at that time i was not aware that how much gratuity i should have got. now one of my friend has told me that i have not got full amount of gratuity.
1) So i want to ask you seniors that what is the right amount which i should have got?
2) if this amount which i got as gratuity is not full amount then kindly suggest what should i do to get the full amount and what would be the process or right step?
3) at the time of my full and final settlement i got only my PF and Gratuity amount. Is there are any other benefits that i should have got?
Waiting for your kind suggestions.
Thanks,
Ashok
8802040583

Hello Mr. Ashok,
I you had served 22 yrs of service with last Basic amount 12000Rs than your Gratuity amount is
= (12000) * (15/26) * (22) [Last Basic * 15/26 * Years of service ]
= 1,52,308 Rs
Thanking you,
Regards,
Ashish

Hi Ashish,
Thanks for your support.
Kindly let me know :-
2) if this amount which i got as gratuity is not full amount then kindly suggest what should i do to get the full amount and what would be the process or right step?
3) at the time of my full and final settlement i got only my PF and Gratuity amount. Is there are any other benefits that i should have got?
Waiting for your kind suggestions.
Thanks,
Ashok
8802040583

As said in earlier post, with your last drawn basic as 12,000 and you have been worked for 22 years, your gratuity amount should have been ideally -

15/26 * 12000 * 22 = 152307.69 rounded off to 152308 or 152310 (depends on company's policy)

With gratuity given only as 95,000 I believe they paid you only for 13-14 years....

I think you should check the salary slip if any deductions were made.

1 year is a long time to seek clarification. However, you can drop a mail to HR, your ex-boss and any other concerned person in loop.

Seek clarification on the calc of your gratuity.

3) at the time of my full and final settlement i got only my PF and Gratuity amount. Is there are any other benefits that i should have got?

[/QUOTE]

Was this retirement? (I presume so having a huge experience)

PF and Gratuity are statutory things that you should have got.

Apart from that I think there are no statutory payments to be made.

However, it would also depend on company's policy if they have introduced any additional payments for employees with such long tenure.

Senior's advice is sought though.

All the best.

Asok ,
Make a petition to the controlling authority, designated so under the POD Act by the go
Varghese Mathew

Mr.Ashok,
Please check your full And Final Final details, then after you have to do some ideas for full payment of gratuity.
Regards,
Nitin Sharma
9624024540

Dear Ashok
Gratuity amount get to employee when you found in continuous service ..
if your service has been continuous then you will liable to getting full amount Gratuity 152308/-
Best regards
Rahulzodage
HR

Mr. Ashok,
Gratuity is payable only on your continuous service for years subject to completion of actual working days 240, If you have not completed 240 days in any of years, you are not entitled for gratuity for that years. So please check that how many years you have not completed 240 days in a year since your joining.
Thanks & Regards
Kishor

Dear Sir,
Mr. Ashish has given the right formulla now must discuss with the company's HR or Personnel department to resolve the issue.

Dear Sir,
You have got the Less Gratuity Amt please find the below Calculation.
Per Month Basic 12000 12000
Yearly Basic 144000 Per Year
Num Of Working Year 22Yers 3168000 ( Bacis Amt for 22 yrs )
As per Gratuity Act Per Year 4.81%
Gratuity Amt 152381 /-
Thanks & Regards,
Sai Pachange