In a step the Employees State Insurance Corporation (ESIC) said was in tandem with the rising costs of commodities, the minimum monthly pension for dependents of insured workers who pass away as a result of employment injury or occupational disease has been enhanced.
The minimum monthly amount payable to dependents will henceforth be Rs 1,200,as per a Ministry of Labour and Employment notification.
The enhanced pension came into force from March 1,2012.
This step has been taken to provide an appropriate amount to dependents due to price rise, an ESIC statement said.
The monthly pension will be given to eligible dependents of an insured person who dies as a result of an employment injury or occupational disease.
The ESIC provides a social and economic cover for insured workers and their dependents.