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Thursday, 4 February 2016

CLARIFICATION REG GRATUITY ARREARS


There is no change in the Gratuity rules according to which a class officers to entitled to 18 months pay for first thirty years of
service and and half a month of pay for each completed year of service after 30 years, more than 6 months being treated a full year
or Gratuity as per Gratuity Act, 1972 whichever is more.
Pay means BASIC PAY, STAGNATION INCREMENT, ELIGIBLE SPECIAL ALLOWANCES AND FPA.
Gratuity as per act=15/26x no. of years of service x{Pay + DA} subject to maximum of 10 lacs.
I append below the relevant para 13 of Chairman's  instructions for Class I officers.

"13. GRATUITY:
There is no change in the rules regarding Gratuity. However, the officers who have retired
or expired on or after 1.8.2012 shall be eligible for the difference on account of gratuity on
the basis of revised salary. It may please be noted that since the amended revision rules are
not applicable to the officers whose resignation had been accepted or whose services had
been terminated under Rule 39 of LIC of India (Staff) Rules, 1960, between the period from
1.8.2012 to the date of notification, they shall not be eligible for arrears on account of
gratuity.
14. ENCASHMENT OF UNAVAILED PRIVILEGE LEAVE:
There is no change in the Rule of Encashment of Privilege Leave. However, the officers who
have retired or expired on or after 1.8.2012 shall be eligible for the difference on account of
leave encashment on the basis of revised salary. It may please be noted that since the
amended revision rules are not applicable to the officers whose resignation had been
accepted or whose services had been terminated under Rule 39 of LIC of India (Staff) Rules,
1960, between the period from 1.8.2012 to the date of notification, they shall not be eligible
for arrears on account of leave encashment.
15. FIXED PERSONAL ALLOWANCE :
The revised rates of Fixed Personal Allowance payable under Rule 9A of Amended Revision
Rules, 2016 are shown in Appendix-VI. Other conditions in this regard remain unchanged.
These revised rates shall be effective from 1.8.2012. It may please be noted that a Class I
Officer who has joined the services of the Corporation after 22.06.2000 shall not be eligible
for additional increment for computerization and Fixed Personal Allowance
22. OFFICERS WHO HAVE DIED, RETIRED AFTER 1.8.2012:
Officers who have died or retired (retirement includes Voluntary Retirement under Rules
19(2A) of (Staff) Rules, 1960, Rule 31 of LIC of India (Employees) Pension Rules, 1995
and Compulsory Retirement under Rule 19(3) of (Staff) Rules, 1960) after 1.8.2012 may
be paid the arrears due on account of revision up to the date of cessation of their service.
30. PENSION:
With regard to the Dearness Relief, Family Pension and Minimum Pension provided by the
Life Insurance Corporation of India (Employees) Pension Rules, 1995, instructions shall be
issued separately."
Now you can calculate your revised gratuity and leave en-cashment.
with greetings, 
with regards,
rksahni
278 Sector 5,
Urban Estate,
Kurukshetra
Haryana   PIN 136118
BLOG:
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