But 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.
In our letter received for layoff, it was mentioned in our settlement one month severance pay will be given inclusive gratuity.
Hi,
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.
The 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.
You may kindly check this with your employer.
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Hi,
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.