DWQA User Profile jdutta1Questions(1)Answers(0)Posts(0)CommentsThe minimum completed years payable for gratuity is 5 years and they paid for 1 year term. Can we claim for 5 years as severance pay package.On Answer for Layoff gratuity benefitHi,Our company has paid 1 year gratuity amount after inquiring, since gratuity clause was mentioned in our lay off letter. My query is the amount should be paid for 5 years or for 1 year.The tenure of our service period was 1 year. But as per gratuity benefit, the amount should be calculated for minimum 5 years or it can be any period.On Layoff gratuity benefitHi,Our company has paid 1 year gratuity amount after inquiring, since gratuity clause was mentioned in our lay off letter. My query is the amount should be paid for 5 years or for 1 year.The tenure of our service period was 1 year. But as per gratuity benefit, the amount should be calculated for minimum 5 years or it can be any period.On Answer for Layoff gratuity benefitIn our letter received for layoff, it was mentioned in our settlement one month severance pay will be given inclusive gratuity.On Answer for Layoff gratuity benefitBut as per the FAQ -FAQ 2 – When is Gratuity Amount paid?It is payable..On Superannuation (or) Retirement.On your Resignation (or) Termination.On death or Disablement due to accident or disease.On Retrenchment (or) Layoff.VRS (Voluntary Retirement Scheme).Retrenchment/Layoff is also a part considered in FAQ.On Answer for Layoff gratuity benefitCrop
