What is the formula to calculate Gratuity?

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I work in the PSU under the direct control of the Government of India. I want to know the exact procedure to find out Gratuity amount on retirement, superannuation, or leaving the organization.

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Posted by (Questions: 300, Answers: 2)
Asked on September 26, 2019 3:12 pm
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The government and private sector employees are eligible for the Gratuity on retirement.

Here I will discuss Gratuity Calculation for government sector employees.

Even in govt organizations, the pay pattern varies a lot depending on the type of department.

The Gratuity Calculation for all central govt staff calculated by one single formula. You can access the same via visiting this page on Prottar.com.

In the case of PSU, you will find three different types of calculators based on PRC, because the pay revision depends on financial performance.

So you will get a different formula according to the pay pattern.

These built-in formulae will help to calculate the Gratuity just by entering the Basic Pay in the online form. You will get the eligible amount as output.

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