Abhay_011
Professor
Kritika Singhal
Assistant Manager - Hr
Siddiquiasna
Associate- Human Resources
+1 Other

Dear Seniors, Greetings !! Can anybody help me in learning ESI and PF? Need guidance. Kindly helpppp !! Warm Regards Kritika Singhal
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Hi Kritika,
You may refer below link for reading about these benefits_
For ESIC: Coverage | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India
For PF: EPFO || For Employees
If you have any further queries you may reply.
Regards,
Asna Siddiqui
Associate HR
For your basic knowledge:
ESIC:
Eligibility: Employees gross wage is less than INR 21000
Employee Contribution: 1.75% of gross wage
Employer Contribution: 4.75% of gross wage
Administered by: Employee State Insurance Corporation
Benefits: To provide medical/ employment benefits to employee and his dependents.
PF:
Eligibility: All employees of an organization holding strength of more than 20 employees
Employee Contribution: 12% of Gross Wage
Employer Contribution: 12 % of Gross Wage (Again gets divided into PF (3.67%) & Pension (8.33%))
Administered by: Regional PF Authority
Benefits: To provide retirement benefits to employee and their nominees (in case of bereavement)
Hope this info helps!
Regards,
Asna Siddiqui
Associate HR
Dear Ansa Siddiqui PF Employee Contribution: 12% of Basic Wage not gross. And Employer Contribution: 13.36 % of Basic Wage Regards Arvind Kumar HR. Manager
Thank you Arvind for the correction :-) By mistake i typed it as gross.
Dear Sir, Thank you soo much... @ Mr.Arvind kumar and Asna Siddiqui Regards Kritika
Dear asna, There is only 1 correction. I.e. Gross wages is upto 21000/- pm instead of less than 21000/- pm. Rgdd
Dear All, what is the contribution if someone has completed 58 years of age
If an employee is the sole earning member in a family, can he/ she include siblings as dependent for ESI. Also, for treatments is there a cap on expense? Thanks, Anoop
Hi Bhavi,
After 58 Years of Age, if a person is still in services, then contribution of ESI & Employee PF remains the same. only their Employer PF pension part (8.33% of 12%) will get closed and only PF contribution (12%) will continue.
If a person is not in services, he is eligible to get PF amount on monthly pension basis or can withdraw at once & he will be deprived of ESI benefit after completion of ESI tenure. If he/ she want to opt for ESI benefit post retirement, then he has to pay INR 120 per year to get the benefit.
Regards,
Asna Siddiqui
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