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RAJA KS (MANAGER)     21 May 2011

Release of Gratuity

Dear  Sir,

On 24th May 2010,  Gratuity  Act Labor DEPT,  GOI,  issued  Amendeding Gratuityuy  ceiling  order dated 01.01.2006,  to maximum of10/= lacs  to Bank Employees, who retire on or after 24th May 2010.. The employee  who retire on  23rd May 2010 is eiligible  for maximum of  Rs.3.5 lacs only, whereas  one retiring the next day  will be paid 10/=lacs maximum.

Kindly do the needful to clear this disparity, in amounts. Those retiring  during   01.01.2006  and ,   May 20101  are eligible only  for Rs.3.5 lacs  as per this Order.

Thanking  You,

Raja ks.   ":    gmam41@gmail.com. :

Cochin.



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