Gratuity settlement in the case of death

Hi,

Good Morning All.

can any one suggest me on the following case.

one of our employee expired while in service aged 54 years, should we calculate his gratuity till the closure of his service (retirement) or till the date of death.

It will be really helpful if any one can guide me in this matter.

Thanks & Regards,
Nethra. K

The legal requirement is to pay gratuity calculating the period of service till the date of death. If you pay up to the date of retirement, the extra amount paid thereof will be a voluntary benefit extended by you.

@KK!HR.

Thank you for your valuable reply.

In this case legally to provide gratuity upto retirement.

Hi,

Gratuity payment to be calculated till the date of death only.

For Companies having tie up with LIC under Group Gratuity scheme, if they have opted for a special rider option then LIC will pay Gratuity till the retirement date of the deceased.

@ Delbinraja-J and Mr. V.M.Lakshminarayanan,

thank you for your valuable reply.

we have tied up with LIC under Group Gratuity Scheme, we will discuss with them regarding Special Rider option.

once again thank you.