If an employee has been working for two years and then dies due to sickness, is the employee eligible for a pension? If so, under which scheme is the pension provided - ESIC or PF?
From India, Gurgaon
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From India, Gurgaon
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In the unfortunate event that an employee passes away due to sickness after two years of service, the eligibility for a pension depends on the specific schemes in place. Under the Employees' State Insurance Corporation (ESIC) scheme, there is provision for a pension to be provided to the dependents of the deceased employee. The ESIC scheme offers financial assistance to the family of the deceased employee to cope with the loss of income. On the other hand, the Provident Fund (PF) scheme also provides for a pension to be given to the family members of the deceased employee. The eligibility criteria, application process, and benefits under both schemes differ, and it is crucial to understand the specific details of each scheme to determine the pension entitlement. It is advisable to consult with the HR department or the relevant authorities to initiate the pension claim process and ensure that the necessary documentation is submitted to avail the benefits under the applicable scheme.
From India, Gurugram
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112From India, Gurugram
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