MADURAI: The average daily wage limit during a wage period for exempting the employees, covered under Employees’ State Insurance Corporation Scheme, from payment of employee’s share contribution has been increased to Rs.70 from Rs.50 with effect from August 1.
A notification to this effect amending Rule 50 of the ESC (Central) Rules, 1950 has been issued by the Union Government.
This would mean that workers covered under ESI scheme and getting daily wage up to Rs.70 need not remit any contribution to the ESIC.
Thus, without remitting any money to ESIC, these workers can avail themselves of all the benefits available under the ESI scheme.Further the remuneration payable for over time work is excluded from the above daily wage limit.
The amendment will not affect the payment of employer’s contribution.
Further details could be obtained from any Branch Manager of ESIC, according to a press release from Joint Director of ESIC, P. Ganapathi Swamy.