Dear Seniors, Greetings !! Can anybody help me in learning ESI and PF? Need guidance. Kindly helpppp !! Warm Regards Kritika Singhal
From India, Gurgaon

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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

From India, Hyderabad
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

From India, Hyderabad
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
From India, Gurgaon
Thank you Arvind for the correction :-) By mistake i typed it as gross.
From India, Hyderabad
Dear Sir, Thank you soo much... @ Mr.Arvind kumar and Asna Siddiqui Regards Kritika
From India, Gurgaon
Dear asna, There is only 1 correction. I.e. Gross wages is upto 21000/- pm instead of less than 21000/- pm. Rgdd
From India, Mumbai
Dear All, what is the contribution if someone has completed 58 years of age
From India, Gurgaon
Anonymous
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

From India, Hyderabad

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