Sunday, May 5, 2013

Govt employees with "New Pension Scheme" to get gratuity at same rate

Ministry of Finance has issued a press release and cleared the air about the entitlement of gratuity under new pension scheme. It is categorically stated that the NPS beneficiaries will be entitled to gratuity as per the same criteria as the old pension scheme employees are concerned. The new pension scheme is only the replacement of old pension scheme and it has no relation to the entitlement of gratuity.
View the press release

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