Administration Manual - B.E.S.T. Undertaking.

In order to be eligible for gratuity on termination of service with the
B.E.S.&T. Undertaking, the service of the employee/officer has to be
continuous, and certified by the Head of the Branch in which he has served, as
having been good, efficient and faithful.
In the event of any employee/officer dying while in the service of the
Undertaking, the Special Provident Fund contribution, for which he would have
become eligible, shall be paid to his nominee or nominees who are entitled to
receive the amount to the credit of his Provident Fund account.
Special Provident Fund Contribution/Gratuity shall be credited
to the individual accounts of the members of the Fund immediately
prior to termination of service and paid to such members of staff
on termination of their service upon the terms and at the rates
given below :-
Number of years continuous Gratuity payable
Service
(1) Members of staff who have at
the rate of 20 days’
completed not less than 21 years salary/ Wages plus dearness
of service but less than 25 years allowance last drawn by the
continuous service. Members of staff concerned for
every completed year or part
thereof in excess of six months.
(2) Members of staff who have At
the rate of 24 days’
completed not less than 25 years salary/ Wages plus dearness
of service but less than 30 years allowance last drawn by the
continuous service. Members of staff concerned for
every completed year or part
thereof in excess of six months.
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