I served for an Organization continuously for 5 year 53 days and quit for personal reasons.
- For the first 2 years, I was on fixed term contact. as per my contract, I was paid "Gratuty in lieu benefit @ 6%" (as mentioned in appointment letter) along with every months salary.
- after the first 2 years, my fixed term contract was converted into indefinite contact and mentioned "As a result of this change in employment status, you will become member of the new gratuity scheme. 6% of your basic salary will be contributed towards this fund, which will be playable as a terminal benefit. Hence, the payment being made to you in-lieu of gratuity will be discontinued."
I am I eligible for gratuity for 3 year period? OR Eligible for 5 year but first 2 year 'paid gratuity' will be deducted? OR ????
Can anybody reply to this issue?
Thanks in advance
Banda Shankar
Bengaluru