Originally Posted by Meow (Post 11834058)

Bear in mind that a) it is calculated on basic salary only (in 99% of cases) and b) you may not get all of that if you leave before five years.

It is not an adequate substitute for a pension/retirement planning/long term savings as the amount is too small. Anyone relying on the EoS Gratuity for their future will have to really like eating baked beans in retirement. Nothing but baked beans.

Originally Posted by Meow (Post 11834052)

Article 132 of Labour Law: The employee who has completed one year or more in the continuous service, is entitled to the end of service remuneration at the end of his service. Days of absence from work without pay are not included in computing the period of service, and the remuneration is to be calculated as follows :- 1. Twenty one day's pay for each year of the first five years of service. 2. Thirty days pay for each additional year. Provided that the entire total remuneration shall not exceed two year's pay. Article 133: The employee shall be entitled to end of service remuneration in respect of fractions of the year payable pro rata to the time actually worked provided that he has completed one year of continuous service. Article 137: If an employee under a contract with unlimited period has left his work at his own option after a continuous service of not less than one year and not more than three years, he shall be entitled to one third of the end of service gratuity provided for in the previous Article. If the period of his continued service is more than 3 years and less than 5 years he becomes entitled to 2/3 of the said gratuity, but if his continued service exceeds 5 years, he becomes entitled to the entire gratuity. Article 138: If an employee under a contract with limited period leaves his work at his own option before the end of the contract period he shall not be entitled to end of service gratuity unless the period of his continuous service exceeds five years. Also an extract from Article 134: ..., the end of service gratuity shall be computed on the basis of last wage which the employee was entitled to, in respect of those drawing their salary per month,... There are also circumstances under which any employee can be fully deprived of EoS Gratuity but that doesn't happen often, apart from as set out in Article 138.