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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