ESIC Unemployment benefits: Get benefits up to this date
Are you aware of this latest unemployment benefits offer being extended by the Employees’ State Insurance Corporation (ESIC)? This statutory body which works under the aegis of Ministry of Labour and Employment is extending the unemployment benefits being given under the Atal Bimit Vyakti Kalyna Yojna for one more year up to 30 June 2021
Are you aware of this latest unemployment benefits offer being extended by the Employees’ State Insurance Corporation (ESIC)? This statutory body which works under the aegis of Ministry of Labour and Employment is extending the unemployment benefits being given under the Atal Bimit Vyakti Kalyna Yojna for one more year up to 30 June 2021.
Under this scheme, ESIC is paying unemployment benefits to all those workers who are covered under the ESIC Scheme.
The social security organisation has decided to relax the existing conditions and the amount of relief for workers who have lost employment during the Covid-19 pandemic period.
The enhanced relief under the relaxed conditions will be payable during the period of 24.03.2020 to 31st December 2020. Thereafter the scheme will be available with original eligibility condition during the period 01.01.2021 to 30.06.2021. Review of these conditions will be done after 31.12.2020 depending upon the need and demand for such relaxed condition,” the release further said.
The eligibility criteria for availing the relief has also been relaxed. See here:
- The payment of relief has been enhanced to 50 per cent of average of wages from earlier 25 per cent of average wages payable up to maximum 90 days of unemployment.
- Instead of the relief becoming payable 90 days after unemployment, it shall become due for payment after 30 days.
- The Insured Person can submit the claim directly to ESIC Branch Office instead of the claim being forwarded by the last employer and the payment shall be made directly in the bank account of IP.
- The Insured Person should have been in the insurable employment for a minimum period of 2 years before his/her unemployment and should have contributed for not less than 78 days in the contribution period immediately preceding to unemployment and minimum 78 days in one of the remaining 3 contribution periods in 2 years prior to unemployment.
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This important decision related to the benefits of the workers who have lost their jobs due to the Covid 19 situation was taken during a recent meeting of the ESIC which was chaired by Minister of State for Labour and Employment (I/C) Santosh Kumar Gangwar.
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