1. #1
    TUBE LIGHT is offline Junior Member
    Join Date
    Apr 2012
    Posts
    1

    Is resignation and VRS the same?

    Is resignation and vrs the same?

  2. #2
    madhumani is offline Junior Member
    Join Date
    Aug 2012
    Posts
    257

    Re: Is resignation and VRS the same?

    ya both are almost same but there are slight differences. VRS means Voluntary Retirement Service. Every Central or State govt. employee has the right to retire voluntarily on completion of 20 years and get pensionary benefits by giving 3 months notice to the appointing authority.

    Where as the resignation is the formal act of giving up or quitting one,s job. A resignation is a personal decision to exit a position.

    In general we will come across the word RESIGNATION in corporate sectors and the word VRS in Central/Government Sectors.

  3. #3
    shadabm is offline Junior Member
    Join Date
    Jun 2012
    Location
    Pune
    Posts
    848

    Re: Is resignation and VRS the same?

    Quote Originally Posted by TUBE LIGHT View Post
    Is resignation and vrs the same?


    Hello dear,

    Resignation and VRS is totally different .VRS(Voluntary retirement scheme) means you are voluntarily retiring from
    the company and you will be getting some amount of salary for your remaining service period.
    But if you are resigning you dont get any amount of salary in that company.All your Providend Fund amount and other gratuity
    amount are settled in both the case of VRS and Resignation.

    Moreover some PSU companies also provide some facilities like medical facilities to its employee even after VRS but resignation
    will not let you get any such facilities.


  4. #4
    koti.kwr is offline Senior Member
    Join Date
    May 2012
    Location
    Hyderabad
    Posts
    2,284

    Re: Is resignation and VRS the same?

    Hi Guest,

    Yeah, both are almost the same.


    Thank You,

    All the Best.

  5. #5
    selvam64 is offline Senior Member
    Join Date
    Oct 2012
    Posts
    217

    Re: Is resignation and VRS the same?

    VRS(Voluntary retirement scheme) and Resignation is totally different

+ Reply to Thread

Receive Government Jobs Email Updates:


Quick Reply Any Question?

Similar Threads

  1. What is the New VRS scheme in Railways?
    By Unregistered in forum Government Jobs Discussions
    Replies: 36
    Last Post: 25th July 2013, 06:50 PM