CrusaderSterling Pensions

Gratuity

Gratuity is one of the retirement benefit plan where employers provide a lump sum payment to employees upon their retirement or exit from the company. This payment is typically calculated based on the employee’s salary and length of service, as a reward for their dedication and contribution to the organization.

It is designed to provide additional financial security to employees upon retirement or exit from the company.

Features of a Gratuity Scheme

Merits of having a Gratuity Scheme

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