An employee who joined a company on 01.11.2019 and met with a fatal road accident on 26.06..2020.The employee;s basic salary ( including DA) was 26000/per month ( ie salary being reckoned for calculation of gratuity ) The company has enlisted him under group gratuity scheme linked to L I C of India, as applicable to regular employees .The employee’s age at the time of death was 21 and he had a residual service of 37 years as the standing orders prescribes the age of superannuation as 58.
Please enlighten if the employee is eligible for gratuity and if so how much he would get?
Please enlighten if the employee is eligible for gratuity and if so how much he would get?