An employee who has become eligible for retirement benefits under this Scheme on his retirement from service. shall be granted an additional retirement gratuity as given below,- (D in case of a Class [V employee,Il4th of his pay for each completed six monthly period of qualifuing service subject to a maximum of 17 % times of pay; and (iD in the case of an employee other than a Class IV employee, l/4th of his pay for each completed six monthly period of qualifuing service, subject to a maximum of 16 % times of the pay:
Provided that the maximum amount of retirement gratuity shall not exceed rupees one lac in any case.
Need this as data, not as a page? Punjab Privately Managed Recognised Aided Recruitment Benefit Schem, 2012 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.