====== Illustrations of indemnities in cases of Resignation or Termination when a worker is contributing to PRGF or Private Pension Scheme ====== * **Cases of Resignation or Termination must be processed via Employee --> Leaver** {{:spay:hrmsprocguide:leaver_resignation_or_termination1.png|}} ===== Worker contributing to PRGF ===== ==== Indemnities in cases of Resignation (which includes cessation of work, abandonment of work or breach of contract)==== * End of year bonus on the basis of 1/12th of earnings, if the worker has been in continuous employment for 8 months during the year he resigned(worker up to Rs100,000 per month) * Refund of accumulated annual leave(worker up to Rs600,000 per annum) * Contributions for past services to the PRGF on the basis of 4.5% of the last monthly remuneration X number of months worked with the present employer as from January 2020 up to the first date of contributions. * Shortfall of contributions to the PRGF as communicated to the employer by the Administrator ==== Indemnities in cases of Termination by the employer ==== * Refund of Accumulated annual leave(workers up to Rs600,000 per annum) * Outstanding current annual leave, except in case of termination of employment on grounds of misconduct.(workers up to Rs600,000 per annum) * End of year bonus on the basis of 1/12 of earnings(workers up to Rs100,000 per month) * Contributions for past services to the PRGF ( 4.5% of the last monthly remuneration) * Shortfall of contributions to the PRGF as communicated to the employer by the Administrator ===== Worker contributing to Private Pension Fund ===== ==== Indemnities in cases of Resignation (which includes cessation of work, abandonment of work or breach of contract)==== * End of Year Bonus on the basis of 1/12th of earnings, if the worker has remained in continuous employment for at least 8 months during the current year (workers up to Rs100,000 per month) * Refund of accumulated annual leave(workers up to Rs600,000 per annum) * Contributions for past length of service on the basis of 15 days 'remuneration X No of months of service/12 for the period contributions were not made to the Private Pension Fund as from January 2020 – contributions to be to the MRA ==== Indemnities in cases of Termination by the employer ==== * End of Year Bonus on the basis of 1/12th of earnings(worker drawing up to Rs100,000 per month) * Refund of accumulated annual leave(worker up to Rs600,000 per annum) * Refund of current annual leave, except in case of misconduct(worker up to Rs600,000 per annum) * Contributions for past length of service on the basis of 15 days’ remuneration X No of months of service/12 for the period contributions were not made to the Private Pension Fund as from the date of entry – contributions to be made to the MRA