New Delhi, June 15 -- Today is the deadline for eligible stakeholders to submit their memorandum to the 8th Pay Commission. Earlier, this deadline was 31 May, but it was later extended to boost participation. Prominent employee unions, government employees and pensioner welfare institutions have, over the past few months, proposed significant changes to gratuity rules, including a higher payout ceiling and a complete overhaul of calculation formulas.

Currently, retirement-cum-death gratuity is calculated as one-fourth of basic pay + Dearness Allowance (DA) for every completed six-month period of qualifying service. This gratuity is subject to a maximum of 16.5 times emoluments and an overall holistic cap of Rs.25 lakh.

As a rule, govern...