terminal benefits

manish ramtake (Querist) 21 January 2011 This query is : Resolved
Sir,
I joined one of the Nationalise bank in oct 1998 as clerk cum typist. In the year 2005 I am qualify for the pramotion in officer cadre. Bank was pramoted me as a officer on dated may 2005.
But in the same month I was found in fraud case. After going through all enquiries bank awarted me a major punishment of compulsory retirement(CRS).
My question is that, can I eligible for any terminal benifits like Pension and gratuity?

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Kirti Kar Tripathi (Expert) 21 January 2011
In case, your punishment order does not speak about the forfeiture of these benefits, you are entitled for pension. But for forfeiture of gratuity if the termination is on account of financial irreluarity or financial loss caused to employer, the employer has to give show cause notice and thereafter it can be forfeit only to the extent of loss cause to the employer.