Sir
Please let me know how to extend the services of an employee after his/her retirement age of 58. Can this be done with same terms and conditions as regular employee like provision for gratuity, PF, house rent, medical etc.
Gayatri
From India, Hyderabad
4Please let me know how to extend the services of an employee after his/her retirement age of 58. Can this be done with same terms and conditions as regular employee like provision for gratuity, PF, house rent, medical etc.
Gayatri
From India, Hyderabad
a.) Get a request letter by the concerned employee requesting for an extension of service.
b.) Get the request letter approved and accpted by the anthorized person on behalf of the organization.
c.) Issue a letter to the concerned employee regarding the acceptance and approval of his/her request letter with the effective date of extension.
Service terms and conditions may remain same as it is an extension and not a renewal or a re-joining.
regards,
Kamal
From India, Pune
b.) Get the request letter approved and accpted by the anthorized person on behalf of the organization.
c.) Issue a letter to the concerned employee regarding the acceptance and approval of his/her request letter with the effective date of extension.
Service terms and conditions may remain same as it is an extension and not a renewal or a re-joining.
regards,
Kamal
From India, Pune
Gayatri, Kamal said it rightly. Only the EPS portion of his PF will not be there after 58 yrs. Pon
From India, Lucknow
From India, Lucknow
Mr. Pon is right. After 58 years of age employee will start gettiing pension (if eligible) and employer contribution (12%) will go to the PF fund and not to the pension fund.
From India, Pune
From India, Pune
Sir,
i would like to know why there is limit of retirement age for the person who have put their heart and soul for the growth of the company. there should be a law where a person can not be retired unless and until he wants.
Aakash gupta
New Delhi
From India, Chandigarh
i would like to know why there is limit of retirement age for the person who have put their heart and soul for the growth of the company. there should be a law where a person can not be retired unless and until he wants.
Aakash gupta
New Delhi
From India, Chandigarh
It applies in Pvt companies if his performance was good and his health was OK. But not in PSUs/Govt sectors where a cap is there. Pon
From India, Lucknow
From India, Lucknow
Dear All Absolute right as per pf is concern but also take care of Gratuity in which age of retirement mentioned. Regards P.S.Gill
Dear Mr Gill,
Age clause is not mentioned in the Gratuity Act 1972. the act is silent on this matter.
At what age an employee should retire (superannuation) is dependent on his employment contract (appointment/offer letter) and varies from oganization to organization.
regards,
Kamal
From India, Pune
Age clause is not mentioned in the Gratuity Act 1972. the act is silent on this matter.
At what age an employee should retire (superannuation) is dependent on his employment contract (appointment/offer letter) and varies from oganization to organization.
regards,
Kamal
From India, Pune
An employee in my organization has retired. His final settlement dues including gratuity had been settled. He was given fresh appointment once again.
My question is whether he would be entitled to gratuity once again in this fresh appointment on completion of five years?
- S
From India, Chennai
My question is whether he would be entitled to gratuity once again in this fresh appointment on completion of five years?
- S
From India, Chennai
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