SCHEDULE III


SCHEDULE III
COMMUTATION VALUES FOR PERMANENT DISABLEMENT BENEFIT
[Regulation 76B]
Age as on last birthday of insured person on the date on which the application for commutation is received in the appropriate office
Factor with which the daily rate of benefit is to be multiplied
Age as on last birthday of insured person on the date on which the application for commutation is received in the appropriate office
Factor with which the daily rate of benefit is to be multiplied
17 years and below 5690 49 years 4400
18 years 5670 50 years 4330
19 years 5660 50 years 4250
20 years 5640 52 years 4180
21 years 5620 53 years 4100
22 years 5600 54 years 4020
23 years 5580 55 years 3930
24 years 5560 56 years 3850
25 years 5540 57 years 3760
26 years 5510 58 years 3670
27 years 5480 59 years 3590
28 years 5460 60 years 3500
29 years 5420 61 years 3400
30 years 5390 62 years 3310
31 years 5360 63 years 3220
32 years 5320 64 years 3130
33 years 5280 65 years 3030
34 years 5240 66 years 2940
35 years 5200 67 years 2850
36 years 5160 68 years 2750
37 years 5110 69 years 2660
38 years 5070 70 years 2570
39 years 5020 71 years 2470
40 years 4970 72 years 2380
41 years 4910 73 years 2290
42 years 4860 74 years 2200
43 years 4800 75 years 2120
44 years 4740 76 years 2030
45 years 4670 77 years 1950
46 years 4610 78 years 1860
47 years 4540 79 years 1780
48 years 4470 80 years 1700


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APPLICABILITY OF THE ACT & SCHEME:

 Is extended in area-wise to factories using power and employing 10 or more persons and to non-power using manufacturing units and establish-ments employing 20 or more person upto Rs.15,000/- per month w.e.f. 01.04.10. It has also been extend-ed upon shops, hotels, restaurants, roads motor transport undertakings, equip-ment maintenance staff in the hospitals.

COVERAGE OF EMPLOYEES:

 Drawing wages Upto Rs.15,000/- per month Engaged either directly or thru’ contractor

RATE OF CONTRIBUTION OF THE WAGES:

 Employers’ 4.75%

 Employees’ 1.75%

MANNER AND TIME LIMIT FOR MAKING PAYMENT OF CONTRIBUTION:

 The total amount of contribution (employee’s share and employer’s share) is to be deposited with the authorized bank through a challan in the prescribed form in quadruplicate on ore before 21st of month following the calendar month in which the wages fall due.

BENEFITS TO THE EMPLOYEES UNDER THE ACT:

 Medical Benefit
 Sickness Benefit(SB)
 Maternity Benefit(MB)
 Disablement Benefit
 Dependants’ Benefit(DB)
 Funeral Expenses

 In addition, the scheme also provides some other need based benefits to insured workers.

WAGES FOR ESI CONTRIBUTIONS:

 Registers/files to be maintained by the employers

CONTRIBUTION PERIOD:

 If the person joined insurance employment for the first time, say on 5th January, his first contribution period will be from 5th January to 31st March and his corresponding first benefit will be from 5th October to 31st December.

TO BE DEEMED AS WAGES:

• Basic pay
• Dearness allowance
• House rent allowance
• City compensatory allowance
• Overtime wages (but not to be taken into account for determining the coverage of an employee)
• Payment for day of rest
• Production incentive
• Bonus other than statutory bonus
• Night shift allowance
• Heat, Gas & Dust allowance
• Payment for unsubstituted holidays
• Meal/food allowance
• Suspension allowance
• Lay off compensation
• Children education allowance (not being reimbursement for actual tuition fee)

NOT TO BE DEEMED AS WAGES:

• Contribution paid by kthe employer to any pension/provident fund or under ESI Act.
• Sum paid to defray special expenses entailed by the nature of employment – Daily allowance paid for the period spent on tour.
• Gratuity payable on discharge.
• Pay in lieu of notice of retrenchment compensation
• Benefits paid under the ESI Scheme.
• Encashment of leave
• Payment of Inam which does not form part of the terms of employment.
• Washing allowance for livery
• Conveyance Amount towards reimbursement for duty related journey

PENALTIES :

 Different punishment have been prescribed for different types of offences in terms of Section 85: (I) (six months imprisonment and fine Rs.5000), (ii) (one year imprisonment and fine), and 85-A: (five years imprisonment and not less to 2 years) and 85-C (2) of the ESI Act, which are self explanatory. Besides these provisions, action also can be taken under section 406 of the IPC in cases where an employer deducts contributions from the wages of his employees but does not pay the same to the corporation which amounts to criminal breach of trust.

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