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Gratuity

Gratuity, it is a kind of retirement benefit like the provident fund or pension. At one time it was treated as payment gratuitously made by

Superannuation

reaches the age of superannuation thereof, but also becomes entitled to the retiral benefits thereof including pension. 'Voluntary retirement' could have fallen within the afore-mentioned expression, provided it was so stated expressly in the scheme, HEC Voluntary

Pension

on as assurance that in their old age they would not be left in lurch. Pension as a retirement benefit is in consonance with and furtherance of the goals of the Constitution. The most practical raison d'etre

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Retrenchment

whatsoever, otherwise than as a punishment inflicted by way of disciplinary action but does not include-- (a) voluntary retirement of the workman; or (b) retirement of the workman on reaching the age of superannuation if the contract

Superannuation Acts, 1834-1935

and 10/80ths for entrants after 30th September, 1909, of the average annual salary of the three years before retirement, and see (in the specified cases) s. 4 of the 1935 Act, on retirement after ten years' service,

annuity

deferred annuity : an annuity in which payment of benefits is delayed until a particular time (as at retirement) compare immediate annuity in this entry group annuity : a pension plan paying annuity benefits at retirement for

instruction

an explanation of an applicable principle of law given by a judge to a jury before the jury retires to consider its verdict called also jury charge jury instruction NOTE: Under both the Federal Rules of Civil

Condition of service

regulate the holding of a post by a person right from the time of his appointment till his retirement and even beyond it in matters like pension, etc., State of Madhya Pradesh v. Shardul Singh, (1970) 1

Future good conduct

Future good conduct, the words 'future good conduct' mean good conduct after retirement. If the employee does not continue to maintain good conduct after retirement, then the government can withhold or

Government

Union and as such the proviso to Rule 3(b) of the Rules would govern the case of such retired Judge or Chief Justice in determining the salary, which he would be entitled to, on being appointed as

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