Administration Manual - B.E.S.T. Undertaking.

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e) to check that this payment is permitted and stipulated period in
respect of other such payment made earlier has elapsed.
Only after ascertaining the correctness to his satisfaction the clerk
signs the bill, folio and register and forwards the same to the IA or
another officer of Payment Section assigned by him who does like-wise
and releases it for payment.
5.4.3 SPECIAL PROVIDENT FUND (GRATUITY) BILL
Provident Fund Rule 24(11) provides for the payment of Special
Provident Fund (Gratuity) to officers/employees subject to the following
:-
a) That the employees’/officers’ service has been certified to be
continuous, good, efficient and faithful by the head of branch or
other authority so assigned.
b) That in the event of any officer/employee dying while in service,
any Special Provident Fund contribution due to him at his demise
will be payable to his nominee/nominees as provided for in rule
13 of the Provident Fund Rules and that any incomplete year at
the time of demise of the officer/employee will be reckoned as a
complete year for the purpose of payment.
c) Employees who have completed 3 to 5 years service are eligible for
special provident fund contribution as BEST Rule 29 (A).
Calculation is as under :-
Basic + Spl. All. – 3300 x No. of years service only in case of resigned.
d) Incase of dismissal under SO 20(C), I, O, R & ZG employees are
not eligible for special provident contribution.
e) Any extension in service beyond the age of 58, unless provided by
special contract, does not qualify for payment of Special Provident
Fund Contribution except that amount which he would have
earned at 58 years of age.
f) In all cases of retrenchment, SPF contribution is to be paid as
provided hithertofore except that for the year in which
retrenchment occurs the amounts payable for that year will be on
a pro-rata basis.
Gratuity is payable at following rate – which is duly approved by P.F.
Trustees of the undertaking.