IREC Rule No.1005: Amount Of Gratuity

1005.  Amount of gratuity:-

The amount of gratuity for which a railway servant is eligible under these rules shall be as follows;

(a)  If service does not fall short of 15 years, half a month’s pay for each completed year of service, but not exceeding 15 month’s pay.

(b)      If service falls short of 15 years, half month’s pay for each completed year of service, but not exceeding 6 month’s pay.