Retirement Gratuity

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An officer who has completed 5 years qualifying service (actual) and is eligible for retiring /invalid/ special pension or gratuity of any type will be granted retirement gratuity equal to ¼th of the reckonable emoluments for each completed six monthly period of qualifying service subject to the maximum of 16 ½ times of the Reckonable emoluments which will be restricted to Rs. 3.5 lakhs.

A weightage of 5 years is allowed in actual qualifying service subject to total qualifying service including weightage not exceeding 33 years.

The term “reckonable emoluments “ will include pay of rank last held, rank pay, stagnation increment, NPA, if any, plus dearness allowance.

With effect from 1.4.2004 DA, equal to 50% of the existing basic pay shall be merged with the basic pay which would be counted for retirement benefits.