Leave Encashment Facility Under Compulsary Retirement
Querist :
Anonymous
(Querist) 05 June 2010
This query is : Resolved
Compulsary retirement is a type of punishment where, the concerned employee is entitled for all types of retirement benefits including pension. In such case, whether he is eligible to encash the available balance of earned leave? If yes, whether it is applicable for all types of departments such as Central Govt, State Govts and Banks and other public institutions.
mahendrakumar
(Expert) 06 June 2010
these rules are different for different depts of central govt,state govt,bank and other public instituitions.
Raj Kumar Makkad
(Expert) 06 June 2010
It depends upon your appointment letter containing the terms and conditions.
Querist :
Anonymous
(Querist) 06 June 2010
If the concerned person was working in a public sector bank, then leave encashment was allowed or not at the time of retirement?
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