Dear All, Please confirm how to do calculate pension in ESIC and the maximum period of pension with other conditions?
From India
2From India
@Gaurav as per the present ESIC rules there is no provision of any type of pension, please rephrase your query with some more inputs
Dear Gaurav
Dependants’ Benefit (Cash)
Dependants benefit (family pension) is payable to dependants of a deceased insured person where death occurs due to employment injury or an occupational disease.
A widow can receive this benefit on a monthly basis for life or till her re-marriage.
A son or daughter can receive this benefit till eighteen years of age.
Other dependants like parents including a widowed mother etc. can also receive this benefit under certain conditions.
The rate of payment is about 70 per cent of the wages shareable among dependants in a fixed ratio.
The first instalment is payable within a maximum of three months following the death of an insured person and thereafter, on a regular monthly basis.
From India, New Delhi
Dependants’ Benefit (Cash)
Dependants benefit (family pension) is payable to dependants of a deceased insured person where death occurs due to employment injury or an occupational disease.
A widow can receive this benefit on a monthly basis for life or till her re-marriage.
A son or daughter can receive this benefit till eighteen years of age.
Other dependants like parents including a widowed mother etc. can also receive this benefit under certain conditions.
The rate of payment is about 70 per cent of the wages shareable among dependants in a fixed ratio.
The first instalment is payable within a maximum of three months following the death of an insured person and thereafter, on a regular monthly basis.
From India, New Delhi
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