FAQ for Central Civil Services – Gratuity Frequently Asked Questions (FAQs) (Central Civil Services) 10.GRATUITY (10.1) When will the gratuity withheld at the time of retirement be released? The withheld amount of gratuity under sub-rule (5) of CCS(Pension) Rules, 1972, the mretiring Government employees, shall be paid immediately on production of “No Demand Certificate” from … Read more
Payment of Gratuity to the employees of CPSE Payment of Gratuity to the employees of CPSEs-Clarifications Amendment in the Payment of Gratuity Act, 1972, regarding enhancement of ceiling of gratuity from Rs.10 lakhs to Rs.20 lakhs and effective date i.e. 29.03.2018.
UFBU writes to Finance Minister regarding Gratuity Ceiling UNITED FORUM OF BANK UNIONS (AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO) C/o, state Bank of India, LHO, Plot No-I, sector-17A. chandigarh – 160 017 Phone (office) : 172-4567142-4567042, 2702518 Fax-0172-2721716 Mobile-09417032548 e-Mail-ufbu.chd@gmail.com K K NAIR Chairman SANJEEV K. BANDUSH Convenor UFBU/2017/08 Date : 08-12-2017 To Shri Arun Jaitley Hon. Minister for Finance, … Read more
Retirement Gratuity Ceiling hiked to Rs.20 lakh for bank employees and officers – AIBEA Joint Ciruclar on Gratuity Ceilin CIRCULAR TO ALL UNITS & MEMBERS March, 2, 2017 Dear Comrades, Improvements in Gratuity under Gratuity Act Our units are aware that Gratuity is one of the important retirement benefits for the bank employees and officers. … Read more
Rationalization of Death Gratuity by 7th Pay Commission The Commission has received representations pointing to a need for rationalization of current slabs for death gratuity, especially for the slab of 5 to 20 years of qualifying service in which family pensioners are stated to be placed at a disadvantageous position. Analysis and Recommendations : As per Rule 50 of … Read more