Mmo 2024 Gratuity Rules. The act mandates gratuity payment to employees with a minimum of five (5) years of continuous service upon termination due to superannuation, retirement, resignation, death, or disablement. Extension of benefits of (retirement gratuity and death gratuity) to the central government employees covered by new defined contribution pension system.
Know how to calculate gratuity with formula with example. The new rules for gratuity effective from july 2022 include the following:
