Post Order – Implementation of recommendations of one-man committee on Social Security Benefits for GDS

SL NO

SCHEME

EXISTING BENEFITS

REVISED BENEFITS

1

GDS Gratuity

(erstwhile Ex-gratia
Gratuity)

Granted at the rate of half month’s basic TRCA drawn immediately before discharge of service, for each completed year of service subject to a maximum of ₹ 60,000/- or 16.5 times basic TRCA last drawn, whichever is less. Minimum service prescribed for eligibility of Ex-gratia gratuity is 10 years.

The nomenclature of Ex-gratia Gratuity is changed ‘GDS Gratuity’

Continuation of the existing formula for grant of GDS Gratuity (earlier Ex-gratia Gratuity) subject to a maximum of Rupees one lakh fifty thousand (₹ 1,50,000)/-

2

Severance Amount

Severance Amount shall be paid at the rate of  ₹ 1,500 for every completed year of service subject to a maximum of ₹ 60,000, provided, a GDS has completed 10 years of continuous service.

The Severance Amount shall be paid at the rate of  ₹ 4,000/- for every completed year of service from N01.01.2016.

Maximum ceiling on     Severance Amount shall be Rupees one lakh fifty thousand (₹  1,50,000/-).

Severance Amount would be applicable only in case of those GDSs who have opted to remain with Severance Amount and have not shifted to service Discharge Benefit Scheme (SDBS), and have completed 10 years of continuous service

3

Service Discharge
Benefit Scheme (SDBS)

The rate of monthly contribution to SDBS is ₹ 200/- for both sides i.e. Department’s contribution and the GDS

The monthly contribution to SDBS shall be ₹ 300/- for both sides i.e. Department’s contribution and the
GDS