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HR Zone » Compensation and Benefits » Is this complsury to complete 5 years for the benefit of Gratuity

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Is this complsury to complete 5 years for the benefit of Gratuity
Raghuvir
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Posted 28-02-2012Reply

Hi

I have worked from 5th June 2007 to 16 Feb 2012. Due to unavoidable circumstances, I resigned with immediate effect. Somebody told me that it is not necessary for a employee to complet his 5 years tenure in a company for taking benefit of

Gratuity. If he completed his 4.5 years, then it also calcultated as 5 years.

Please clear me that am i eligible for taking benefit of Gratuity?



Thanks in advance.

saujanya
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  Rated 0 | Posted 29-02-2012

Raghuvir,

Gratuity is Payable without completion of five years of service only when death and disablement occurs.

saujanya
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  Rated 0 | Posted 29-02-2012


Also, Those having a service of 4 years and 240 days are eligible to get gratuity.

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