Dear Seniors, Could you please explain what are the benefits which the employee is entitle if the " Disciplinary Authority " imposes the punishment of " Compulsory Retitement?
From India, Pune
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470From India, Pune
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Compulsory retirement is a form of punishment where the employer decides to retire an employee for various reasons. In such cases, the employee undergoing compulsory retirement is entitled to receive their salary for that month, gratuity if they have completed five years of continuous service, encashment of earned leave, and any due incentives. The bonus will be paid on par with other employees of the organization for those who leave due to resignation, retirement, termination, etc.
Regards,
N.V. Rao
From India, Nellore
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Regards,
N.V. Rao
From India, Nellore
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