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Gopalkrishna (Manager)     01 July 2010

Contribution of Management in CPF

In case of dismissal from Bank's service an employee or an officer shall be getting the Bank's contribution of the Provident fund if it is kept in a trust formed for the purpose.  What is the provision about gratuity in such cases.

I checked with two nationalized banks in one they pay the Bank's contribution but in other they forfeit.

What does the law say?

 

Gopalkrishna 



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