Additional benefits under ESIC & EPFO schemes for dependents of workers

Ministry of Labour and Employment has announced additional benefits for workers under ESIC and EPFO schemes for the dependents of workers passing away due to Covid-19 disease.

Highlights

Additional benefits will help in reducing fear and anxiety of workers about well-being of their family members because of increasing incidences of death.

What was existing norm?

As per current norms, if an Insured Person dies or gets disabled while discharging duties, lifelong pension equal to 90 percent of average daily wage of worker is given to spouse, widowed mother and to children they are 25 years of age. If there is female child, benefit is provided till her marriage. Scheme will be retrospectively be effective from March 24, 2021.

How additional benefits will be provided?

All dependent family members of Insured persons, registered in online portal of ESIC prior before COVID-19 disease and death due to it, will be given same benefits and in same scale as received by dependents of insured persons.

What are the conditions?

• Insured Person must have been registered on ESIC online portal three months before getting diagnosed of COVID-19, resulting in death.
• He must have been employed for wages and contributions for a minimum of 78 days.

Employees’ Deposit Linked Insurance Scheme (EDLI)

Under this scheme, all surviving dependent family members of members of this scheme can avail benefits of EDLI in case worker die.

Month: Current Affairs - May, 2021