ESIC has aimed to make the life of the employee better than ever. The pandemic has caused huge disturbance in the employee’s life. Many organizations had to slash the number of employees to continue surviving in the market. ESIC, is a government initiated scheme which plays an imperative role to ensure that each employee receives the benefit. The second wave of covid-19 has proven to be more fatal than the first. The second wave caused more fatalities for the population involved in the economic sector. To simplify, the generation involved in the workforce have been facing huge losses. The chairman of the ESIC has approved a covid -19 relief scheme. This included various objectives to assist the working population who are insured. To gain a better understanding let’s take a look at the objectives implemented by the ESIC for the employees:
Scheme objectives:
This scheme is a welfare measure which covers the employees who are working under section 2(9) of the ESI act. It stated that any employee under IP who lost his/her life due to covid -19 would receive relief from the scheme. The eligible employees’ family will receive periodic payments directly to their bank account.
Statutory provisions of the scheme
The relief scheme of the ESIC has been helpful for many families. However the scheme had some criteria that the employee or the family had to fulfill in order to receive benefit form the ESIC. There are many sections that help in catering the employees working in the corporate sector. It promotes measures to improve the measure and take care of the insured persons working in the organization. It also states clauses that promote the re-employment of the employees who due to an accident or any unfortunate event have been or are differently abled. The funds that are involved in the expenditure of such limits are mostly prescribed by the central government. It is the central government who decides the number that can be utilized in such development.
The eligibility terms
The eligibility terms involves various measure that needs to be taken care of inorder to receive the benefits under covid 10 relief scheme:
- The insured person who has failed the battle of covid should have registered online on the ESIC portal at least three months prior to the diagnosis of covid-19
- The deceased employee is required to be employed on the day of diagnosis. With a contribution of 70 days or more than 70 days. The employee should have at least 70 payable days in lieu to the one year prior to the diagnosis of covid-19. .
The payment under ESIC scheme are made under a few laws ,
- The members of the family who are eligible to receive the relief fund are
Spouse, a legitimate son or daughter, or a legally adopted son or daughter. The son receives the pension amount till the day he has not turned 25. The daughter is, however, eligible to receive the amount until the day she gets married.
- A widowed mother
- In case if the family is dependent on the insured employee’s income, in such scenario, the legitimate son who has attained the age of 25 and is infirm will receive the amount.
- In case the deceased insured person does not leave any spouse or adopted child, legitimate child or a widowed mother than these following relatives will be entitled to receive the amount:
A minor legitimate or illegitimate child,
Parent other than mother
A monio brother or unmarried or widowed sister
A widowed daughter in law
A minor child of a predeceased son
A paternal grandparent if no parent is alive
There are many technical elements involved in ESIC such as the ESIC calculation amount which can be easily calculated with the assistance of an esic calculator available online. These schemes have been amended to ensure that the employees and there families receive financial assistance in such times of crises. The additional details can be easily accessed on the page of ESIC. it is imperative for the employees to register on ESIC portal so that their family can receive assistance in such crucial times.
