Enhancement of maximum limit of Retirement gratuity from Rs.12,00,000/- to Rs.16,00,000/- TO.Ms.No:

APTRANSCO - Regulation Retirement Gratuity Enhancement of maximum limit of Retirement gratuity from Rs.12,00,000/- to Rs.16,00,000/- with effect from 17.01.2022 Adoption of Government Orders - Orders-issued.

T.O.O.(Addl.Secy-Per) Ms.No.2439 2439Dated. 04.05.2022. Read the following :

1. G.O.Ms.No.6, Finance (HRM.V-Pension) Department, Dt:11.01.2016. 

2. T.O.O (Addl.Secy-Per) Ms.No.23, Dt: 29.01.2016 

3. G.O Ms.No.22, Finance (HR-V-Pension) Department, Dt: 17.02.2016.

4. T.O.O (Addl.Secy-Per) Ms.No.51, Dt: 03.03.2016.

5. G.O Ms.No.02, Finance (HR-III-Pension, GPF) Department,Dt:17.01.2022.

ORDER:

In the references 2nd & 4th read above, the Transmission Corporation of Andhra Pradesh Limited issued orders enhancing the maximum limit of Retirement Gratuity to Rs. 12,00,000/- to its employees with effect from 02.06.2014.

2. The Government of Andhra Pradesh in the reference 5th read above (item No 11), ordered that maximum ceiling of Gratuity payable shall be enhanced from Rs.12,00,000/- to Rs.16,00,000/- in Revised Pay Scales of 2022, from the date of issue of the orders.

3. Accordingly, after careful consideration, APTRANSCO hereby adopts the orders issued in GO 5th read above (item No-11)..

4. These orders are issued with the concurrence of Director/Finance vide e-No. 1701973/2022, Dt: 25.04.2022.

5. These orders are available on APTRANSCO Website and can be accessed at http://www.aptransco.co.in.

(BY ORDER AND IN THE NAME OF TRANSMISSION CORPORATION OF A.P LTD.)

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