Draft of the Social Security (Employee's Compensation)(Central) Rules, 2021
The Ministry of Labour and Employment has notified the draft rules related to Employee’s Compensation under the Code on Social Security. Any objections and suggestions are required to be submitted within a period of 45 days from the date of notification.
The draft rules supersede:
- Employee’s Compensation Rules, 1924
- Employee’s Compensation (Transfer of Money) Rules, 1935; and
- Employee’s Compensation (Venue of Proceedings) Rules, 1996
The Draft Rules covers the aspects relating to interest rates applicable in case of delays in compensation settlements, manner of notice, transmitting money, process for claims and settlement.
The Code on Security Code (Code) supersede the Employee’s Compensation Act and cover the relating provisions under the Chapter VII under the Code.
The Employee’s Compensation provisions covers the aspects of employer compensating the employee in case of fatal accidents, bodily injuries, partial or full disablement, occupational diseases, etc.
Related Notifications
Pension Schemes provisions takes effect in Social Security Code
03 May, 2023
The Ministry of Labour and Employment has notified that with effect from 03 May 2023, certain provisions of the Code on Social Security, 2020 come into force.Pension Scheme Contribution in Social Security Code
03 May, 2023
The Central Government has published the notification in respect of the Employees Pension Scheme contribution for the eligible employees under the Code on Social Security, 2020.Implementation of provisions for GIG and Platform Workers
21 Mar, 2022
The Press Information Bureau issued a press release regarding th provisions that are for GIG and Platform Workers for the first time in the Code on Social Security, 2020 which promotes social security benefits through formulation of schemes. Section 142 of the Social Security Code comes into effect from 03 May 2021
03 May, 2021
The Central Government appoints 03 May 2021 as the date on which the provisions of section 142 of the Code on Social Security, 2020 come into force.
Section 142 of the Code on Social Security (CoSS) provides for identifying an employee or a worker from unorganized sectors through Aadhar number so that they can seek certain benefits and avail the services under the CoSS.