wale wenzangu na mimi waliofukuzwa kazi (termination) au kuustaafishwa haya fulsa iyo hapo punde mpatapo ayo mahela msitusahau hata kwa 1000 ya mb's.tembelea kwenye tovuti yao kwa maelezo zaidi
Section 34 provides payment of gratuity benefit which arises as a result of cessation of employment due to retrenchment, retired in public interest, or removal from employment by a Presidential decree or any other relevant authority as specified under section 26. The member must have less than 180 months contributing period.
Documents and Evidence required:
Intimation letter and all other documents depending on the cause of cessation as per section 26 and as per claim form.
Benefits payable:
Using contributions Summary a Gratuity Worksheet shall be raised in triplicate together with a group Life Withdrawal Worksheet (where applicable).
The Gratuity Formula shall be:
Gratuity = 5 (PF x APE X NM)
The gratuity Worksheet shall be raised when computing the amount payable. After it has been checked it shall be typed in triplicate to serve as a memorandum from the Pensions Manager/Zonal Manager, Director of Operations or the Director General’s Office to Director of Finance for necessary payment processes (Refer Annexure V).
Where the computations of gratuity benefits involve a large number of claimants (e.g. employees on redundancy of the same employer); and the claimant/employees are paid through the employer a supporting Group gratuity computations Schedules shall be raised.
In such cases, a single cheque corresponding to the total amount of each individual together shall be issued in respect of each gratuity Worksheet – Memorandum.
The gratuity amount shall Not Be Less Than the aggregate of the member’s own contributions and that of the employer to the Fund with interest at a pre-determined rate per centum per year.
wale wenzangu na mimi waliofukuzwa kazi (termination) au kuustaafishwa haya fulsa iyo hapo punde mpatapo ayo mahela msitusahau hata kwa 1000 ya mb's.tembelea kwenye tovuti yao kwa maelezo zaidi