How to Draft a Contract for Retired Employees: Seeking Guidance on Terms and Benefits

Dear All, I am working in the FMCG sector and have recently joined. We have several employees who are nearing retirement in a few months, and the management is considering extending their services for a few more years.

Drafting a Contract for Retired Employees

Could you please assist me in drafting a contract outlining the terms and conditions regarding working hours, remuneration, and other relevant details for these employees? I also need clarification on whether the Provident Fund (PF) and Gratuity can be discontinued for these employees after their retirement. Is there any template or guideline available for this situation?

Thank you for your help.

Demarcation Between Regular and Contract Appointments

First of all, there has to be a clear-cut demarcation between regular service and contract appointments. All the formalities of superannuation have to be completed, and orders issued. PF and gratuity for past services should be applied, and processing completed. Let ex-employees apply again and be appointed on a contract service as a totally new employee. The appointment order should explicitly state this, with no reference to previous employment. Provide them with a new employee number, and the designation should be entirely new.

Drafting a Contract in the FMCG Sector

Since you are in the FMCG sector, each job has its own demands. It is better that you prepare a draft contract, and the learned members of the forum can contribute further on it.