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

Length of Service
5 to 21 yrs. = 15 days per year
21 to 25 yrs. = 20 days per year
25 to 30 yrs. = 24 days per year
30 to 32 yrs. = 26 days per year
32 to 35 yrs. = 29 days per year
above 35 years = 30 days per year.
Maximum eligible for 40 years service only.
Calculation formula of Gratuity is given below:
Code 000 +031+ 025+ 081 + 044 + 018
Basic +B.I. + S.I.+ P.P. + Spl. +Protection + D.A. (028)
Allow. of Salary
÷ 26 X No. of days eligible X No. of yrs. Service completed.
6 months and 1 day means = 1 year
In case of deceased minimum required service is 6 months and 1 day =
1 year
The employee who has worked for 240 days in the year is eligible for
payment of Gratuity.
5.4.3.1 PROCEDURE FOR CHECKING
On receipt of the SPF Contribution Bill the same is sent to the A.A.E.
who certifies the rate of pay and service and returns the same to the
Payment Section.
The Payment Section Clerk checks :
a) that the name, check number, paysheet number and designation
on the bill form and the ledger folio correspond;
b) that the amount recommended for payment is correct and in
accordance with the rules;
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