OFFICE BEARERS

President : - NARINDER SINGH, ASP FARIDKOT SUB DIVISION, FARIDKOT 9417089520;

Circle Secretary :- BALBIR SINGH KAUSHAL, Assistant Supdt Posts (HQ) Patiala 9914066754;

Treasurer :- GAURAV NAGI Inspector Post (MOD) Punjab Circle Chandigarh (M) 09876581559


Thursday, October 5, 2017

Information about 'Retirement/Death Gratuity'

Retirement Gratuity : 

This is payable to the retiring Government servant. A minimum of 5 years qualifying service and eligibility to receive service gratuity/pension is essential to get this one time lump sum benefit. Retirement gratuity is calculated @ 1/4th of a month Basic Pay plus Dearness Allowance drawn before retirement for each completed six monthly period of qualifying service. There is no minimum limit for the amount of gratuity. The retirement gratuity payable is 16 times the Basic Pay, subject to a maximum of Rs. 10 lakhs.

Death Gratuity : 

This is a one-time lump sum benefit payable to the widow/widower or the nominee of a permanent or a quasi-permanent or a temporary Government servant, including CPF beneficiaries, dying in harness. There is no stipulation in regard to any minimum length of service rendered by the deceased employee. Entitlement of death gratuity is regulated as under:

Qualifying Service
Rate
Less than one year
2 times of basic pay
One year or more but less than 5 years
6 times of basic pay
5 years or more but less than 20 years
12 times of basic pay
20 years of more
Half of emoluments for every completed 6 monthly period of qualifying service subject to a maximum of 33 times of emoluments.


Maximum amount of Death Gratuity admissible is Rs. 10 lakhs w.e.f. 1.1.2006

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