Payment of Gratuity

Dear Friends,
I append below the mail received from Shri A A Rawani who retired on 31.01.2013. He submitted necessary Papers in the First week of December 2012 but  the Commuted Value of Pension was paid  to him on 21.03.2013 along with the Pension for the month of February, 2013.
There was  delay not only in the payment of Commuted Value which was due for payment on 01.02.03013
but also in the payment  of Pension of February, 2013 which was due on 01.03.2013.
He now wants to know whether he can claim interest for the delayed payments.
Can  any one guide him in the matter?
Greetings.
R K SAHNI

Respected Sahni Saheb

Namaskar

Sir,

                 I am interacting with you after a Long Gap. I am happy to inform you that I got the Difference of Gratuity after Constant follow up of One Month. I  am thankful to you for necessary Material and  Guidance for correct Interpretation of Rules in support of my claim for Difference. In the process, my other colleagues of this Zone are also benefited.

                Incidentally, I may inform you that I am regularly visiting your Blog for updating my Knowledge and Information , I can imagine about the your time , labour and creative thinking for making your Blog  Informative and Successful . I appreciate your involvement and express my Good Wishes for your Blog. Today, I was going thru excel sheets for calculation of 40% . I am still studying the Second Portion of it pertaining  to calculation as per PARA 3 (A) to understand the Logic and Methodology behind it. 

                Sir , One thing , I want to ask you. Is there any time limit for Payment of Commutation Value. I retired on 31/01/2013 and submitted  necessary Papers in the First week of December 2012  I got my PF, Gratuity and Additional Gratuity immediately, of course, after Deduction of Housing Loan etc.

                But Commutation Value and my Pension for the month of Feb 2013 amounting to Rs. 8,58,768.00, after Deduction of I.T., was credited in my Account only on 21/03/2013. Can it be taken as a delayed Payment and if so, what is the penal rate of Interest for delayed Payment. Is there, any Circular OR Guideline OR any other Supportive Document to strengthen my Claim for interest for   delayed payment.

With Regards

Yours Sincerely

A.A. Rawani