Understanding ESIC: Can Someone Explain Contribution and Benefit Periods?

Hello HR Folks, could anyone explain to me what the contribution period and benefit periods of ESIC are, please?

Dear Ashok, Greetings for the day. For the contribution period of 1st April to 30th September, the benefit period should be from 1st October to 31st March. Similarly, for the contribution period of 1st October to 31st March, the benefit period should be from 1st April to 30th September.

Thanks & Regards, Sumit Kumar Saxena

Understanding Contribution and Benefit Periods in ESI

Please see Regulation 4 of the ESI (General) Regulations, 1952, which defines Contribution and Benefit Periods.

Regards,

Please note that two contribution periods are provided in the scheme, i.e., 1st April - 30th September and 1st October - 31st March each year. Similarly, the benefit periods are from 1st July - 31st December and 1st January - 30th June each year.

You may be aware that an individual participating in the scheme receives benefits under general sickness (except for accident cases) based on the contributions made in the preceding contribution period.

Regards,
P. K. Sharma