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srikanth (free)     23 April 2010

STATUTORY CLARIFICATION

One of our staff has joined on 01.12.1986 and died on(natural) 30.04.2010 , and he has been enrolled in gratuity , edli, and esi, pf.

Let me know the details . His basic amount is Rs. 5186/-. and our retirement period is 60 years and his date of birth is 31.10.1960 .

What amount he will get in gratuity and the breakups

What amount he will get in pf and pension

What amount he will get in esic and is there any benefit for pension

What are the documents should be given for closing his files and in which department

 



Learning

 2 Replies

Rama mohan Acharya (Manager HR(Legal))     25 May 2010

dear Srikanth

really it is verymuch difficult to understand ur question.

He will get the benefits as per the provisions of laws

Gratuity= last salary*No. years of service*15/26

PF= Total of own contribution+ Company contribution along with interest upto date

ESI as per provision

OF COURSE AS HE IS DEAD ONLY HIS NOMINEE WILL GET THE AMOUNT.

Rajiv Madan (HR Manager)     01 June 2010

Hi

As per my knowledge his legal heirs will get Rs. 60000/- ( has increased upto 1 lakhs ) against EDLI Policy. 

Pension from PF for his widow and two kids not major. 

Regards

Rajiv

 

 


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