Contribution & Benefit Period …
Employees covered under the ESI Act, are required to pay contribution towards the scheme on a monthly basis. A contribution period means a six months time span from 1st April to 30th September and 1st October to 31st March.
Cash benefits under the scheme are generally linked with contributions paid. The benefit period starts three months after the closure of a contribution period. The two type of periods are elucidated below.
Contribution Period Benefit Period
1st April to 30th September 1st January to 30th June
of the following year
1st October to 31st March 1st July to 31st Dec.