Understanding ESIC: Eligibility, Contributions, and Benefits for Employees in Transition

parosubho
Hello All Seniors,

Kindly give me some information about ESIC. I know the basic information like benefits and contributions, but there are certain issues that remain unsolved for me.

1. Eligibility for Benefits
If I am registering myself for ESIC this month (September 2012), when will I be eligible to avail the benefits? Suppose I meet with an accident next month, will I get any benefit/cash? Who will pay me - the employer or the ESIC office?

2. Government Interest Payments
Is the government paying any annual interest?

3. ESIC Registration and Contributions
If an employee is registered in ESIC in their previous company and the current company does not provide such benefits/statutory compliances, what should they do? How can they contribute? Is the employer bound to contribute? Can the employee avail any benefits in an emergency, even if they have not contributed for 2 or more months?

4. Interstate Employee Transfers
If an employee is shifting from one state to another, what do they have to do?

Regards,
SUJATA
Santosh_Nayak
Nice PPT Anshu...

An employee is eligible for availing the benefits after 7 days of registering under ESI. ESI will pay in case of an accident. As the ESI amount is a non-refundable contribution, the government is not paying any interest on this.

Regards
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