Gratuity eligibility links service events and tenure to statutory minimum protection and employer-prescribed benefits for longer-serving employees. Regulation 93 provides gratuity on retirement, death, certified disablement, resignation after five years of continuous service, and non-punitive ... Summary
Gratuity eligibility links service events and tenure to statutory minimum protection and employer-prescribed benefits for longer-serving employees.
Regulation 93 provides gratuity on retirement, death, certified disablement, resignation after five years of continuous service, and non-punitive termination after five years. Employees with less than ten years of continuous service receive gratuity under the Payment of Gratuity Act, 1972. Those completing at least ten years receive gratuity under rules prescribed by the Authority, but not below the statutory amount. The Authority may create a gratuity trust.
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