ESIC issued a circular regarding no delay in payment of pension, family pension, and gratuity in the event of retirement/death of the employee

Jan 25, 2023 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Employees' State Insurance Corporation (ESIC) on January 24, 2023, issued a circular regarding no delay in payment of pension, family pension, and gratuity in the event of retirement/death of the employee with reference to the circular of even no. dated December 23, 2022, vide which the revised pro forma was circulated for the monthly report of Pension Supervision and Monitoring Mechanism. 

The competent authority has directed all field units to submit the report (including the Nil report) latest by the 05th of every month, so that it may be presented to the Financial Commissioner in time.

[Circular No. A-40/12/PSMM/2022-Accounts-4]


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