ESIC revises monthly contribution to be paid by the ESIC pensioners

Mar 14, 2018 | by Avantis RegTech Legal Research Team

Employees’ State Insurance Corporation (ESIC) vide circular dated March 06, 2018 has revised the monthly contribution to be paid by the ESIC pensioners as per the pay matrix of 7th CPC which is as under:-

S. No.

Corresponding levels in the Pay Matrix as per 7th CPC

Contribution (Rupees per month)

1

Level : 1 to 5

250/-

2

Level : 6

450/-

3

Level : 7 to 11

650/-

4

Level : 12 & above

1000/-

 

ESIC has also issued clarification on pensioners who have an option to get their ESIC medical card made by either making contribution on an annual basis (12 months) or by making contribution for 10 (ten) years [120 months] for getting a pensioner card with life-time validity which are as follows:-

(i)          Pensioner beneficiaries, who have already obtained ESIC card with life time validity by paying a lump sum amount equivalent to 10 years’ contribution, will not be required to pay any additional amount as a result of the revision in the rates of contribution for availing ESIC facility

(ii)        Entitlement of pensioners/family pensioners who have already deposited their contribution for life time ESIC facility, will not be changed,

(iii)      Pensioners who are making contributions on an annual basis are required to pay their contributions well before the expiry of the validity period of the card. For this purpose, all card issuing authorities are required to issue reminders to the pensioner intimating about the date well in advance.

(iv)       Pensioners/family pensioners who are contributing to the ESIC on an annual basis and wish to continue to avail benefits under the Scheme will have to contribute at the revised rates upto the time of contribution needed to cover a period of a total of ten years from the time pensioner ESIC card was issued for the first time to them, The revised rate of contribution for the remaining period would be with reference to the level of pay that he/she would have drawn in the post held by him/her (at the time of his/her retirement/death) had he/ she continued to be in service now but for his/ her retirement/ death”

(v)         Any pensioner/ family pensioner who is entitled to avail ESIC facility has not so far got his/ her pensioner ESIC card made, the rate of contribution in such cases will be with reference to the level of pay that he/ she would have drawn in the post held by him/ her (at the time of his/her retirement/ death) had he/ she continued to be in service now but for his/ her retirement/ death,

[No, D-12/16/l/2017-E-VI]

URL: http://www.esic.nic.in/attachments/circularfile/8b4814255ea0f3564f9396f2a2f07108.pdf


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