Can State PSU Employees Under NPS Get Gratuity After Resigning with Over 5 Years of Service?

Hi All,

I have a question or doubt. Whether a person who was working under a state PSU and has resigned after completing six years of service is eligible to receive Gratuity under the Payment of Gratuity Act 1972 or not? If the person joined, let's say, in 2010, and is covered under NPS, is a person covered under NPS working under a state PSU eligible to receive gratuity after resignation, assuming that he/she has completed over five years of service?

I guess NPS means National Pension Scheme. I don't see any limitations of receiving Gratuity for those who complete 5 years of continuous service while covered under NPS. Both NPS and Gratuity are different entities and have no similarity in benefits.

May seniors shed some light on this?

sarisri

NPS and Gratuity are two different schemes. They are not mutually exclusive.

Hope that Sundarjayram's doubt is cleared by M/s Sarisri and Nathrao. Their replies need more elaboration. Provident Fund, Gratuity, and Pension are the triple terminal benefits acquired by the working classes after a long and protracted struggle.