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TATA AIA Comprehensive Gratuity Scheme

Summary Info

Insurance Company  Tata AIA Life Insurance Company Ltd 
Plan Name  TATA AIA Comprehensive Gratuity Scheme 
Plan Nature  TRADITIONAL 
Plan Category  Group Pension - Non Unit Linked 
UIN No.  110N017V01 
About Plan  As per the Payment of Gratuity Act 1972, an employer is obliged to pay gratuity to an employee after he/she has rendered a continuous service of atleast 5 years. Gratuity is payable to an employee on:Normal retirement,Resignation/early retirement,Death or disablement due to accident or disease (completion of 5 years of service is not necessary in such cases)  

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