Retirement on first month of Block years - LTC is permissible or not..?
Retirement on first month of Block years - LTC is permissible or not..?
Yes, permissible.
Employees are retiring from their service on the first month of block years, they will be eligible to avail LTC. The only condition is the return journey should be completed with in the date of retirement.
For example, an employee will be retire on 31st January 2014. He will be eligible to avail LTC in the month of December 2013 to go with Home Town LTC or All India LTC and he will also be admitted to avail an another LTC in the month of January 2014. But he should be completed his returned journey before 31st January 2014.
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