I worked for Indian fmcg for 30 years and 30 days And retired on 15th sept 2015. My company settle my account after 4 years without paying interest on Gratuity. Eps paper have been submitted twice but pending with company. Please advice what to do.

Ans: Resolving Gratuity Payment Delay: A Strategic Approach
Dealing with delayed gratuity payments can be challenging, but with the right approach, you can navigate through the process effectively. Let's outline a strategic plan to address this issue.

Understanding the Situation
Assessing the Delay

Understand the reasons behind the delay in gratuity payment from your former employer.
Gather all relevant documentation, including your gratuity entitlement and communication with the company.
Reviewing Gratuity Regulations

Familiarize yourself with the Gratuity Act and regulations governing gratuity payments to ensure your rights are protected.
Initiating Communication
Contacting the Company

Reach out to your former employer promptly to inquire about the status of your gratuity payment.
Maintain a polite and professional tone in all communications to facilitate constructive dialogue.
Documenting Communication

Keep a record of all interactions with the company, including emails, letters, and phone calls, to track progress and maintain clarity.
Formalizing the Complaint
Drafting a Formal Complaint

If informal communication does not yield results, consider drafting a formal complaint addressing the delay in gratuity payment.
Clearly outline the details of the delay, including dates, amounts owed, and relevant supporting documents.
Submitting the Complaint

Submit the formal complaint to the appropriate authority within the company, such as the HR department or senior management.
Ensure that the complaint is delivered via certified mail or email to establish a paper trail.
Seeking Legal Assistance
Consulting Legal Experts

If efforts to resolve the issue internally prove unsuccessful, consider seeking legal advice from experts specializing in labor law and gratuity regulations.
Legal professionals can provide guidance on your rights, potential courses of action, and the legal recourse available to you.
Exploring Legal Remedies

Explore the possibility of legal action against the company if all other avenues for resolution have been exhausted.
Legal remedies may include filing a complaint with labor authorities or pursuing litigation to recover the outstanding gratuity amount.
Patience and Persistence
Maintaining Patience

Exercise patience throughout the process, as resolving gratuity payment delays may take time and persistence.
Remain focused on your objective of securing the gratuity amount owed to you while navigating through any challenges that may arise.
Following Up Regularly

Follow up regularly with the company and any relevant authorities to ensure that your complaint is being addressed and progress is being made.
Stay proactive and engaged in the resolution process to expedite a favorable outcome.
Conclusion
Addressing delayed gratuity payments requires a proactive and systematic approach, involving effective communication, formal complaint procedures, and potential legal recourse. By following the outlined steps and seeking appropriate assistance when needed, you can work towards resolving the issue and securing the gratuity amount rightfully owed to you.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in