Dear All, Please confirm how to do calculate pension in ESIC and the maximum period of pension with other conditions?
From India
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2From India
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@Gaurav as per the present ESIC rules there is no provision of any type of pension, please rephrase your query with some more inputs
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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
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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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