Question

Observe the image and identify who is NOT liable for this scheme.

Options

• terminal benefit to a worker when he leaves the employment after working for a certain number of years.

• termination of employment on superannuation.

• termination of employment on retirement.

• Payable only at the time of resignation.

Answer 1

Payable only at the time of resignation

Explanation:

The image clearly depicts a “gratuity” payment. Gratuity is a statutory benefit paid upon termination of employment after continuous service (typically 5 years). It is payable upon superannuation, retirement, death, or resignation, making the statement that it is “payable only at the time of resignation” incorrect.