Section 12 in The Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Form of Annual Statement of Accounts and Records) Rules, 2016
12. Retirement Benefits
12.1Liability towards gratuity payable on death/retirement of employees is accrued based on actuarial valuation.12.2Provisions for accumulated leave encashment benefit to the employees is accrued and computed on the assumption that employees are entitled to receive the benefit as at each year endForm AA[See rule 4(2)]Name of Entity : Joint Electricity Regulatory Commission for the State of Goa and Union Territories
