Do Security Guards Get PF and ESIC?

If you are planing to join a company as a security guard or you have already started working as one, and a question is keep wandering in your head, that "Do security guards get PF an ESIC benefits?" 
In today's writing, we will provide clear, accurate and trustworthy information to help you understand your rights, and how these benefits works. group4jobs.com has one aim, to guide job seekers with transparent and reliable details so you can make informed career decisions.

What is PF (Provident Fund)?
Employers' Provident Fund Organisation (EPFO) manages the provident fund scheme in India.

Provident Fund (PF) is a retirement saving scheme where a portion of your salary is deducted every month, and your employer also contribute the same amount as you do. The total amount is saved in your PF account. Which you can withdraw after your retirement or under certain conditions, if needed before your retirement, you can take loan from your PF account too.

Do Security Guards Get Provident Fund?
Yes, security guards are eligible for getting PF, If:
* They are working in a registered company.
* The company has 20 or more employees (as per EPF rules)
* Their salary falls under the EPF eligibility limit.
Both, the employee and employer generally contribute 12% of basic salary + DA to the PF account.
And if your PF is being deducted, then you should have a UAN number (Universal Account Number), by which you can check your PF balance online anytime through the EPFO portal.

What Is ESIC?
Employees' state insurance corporation (ESIC) provides medical and other financial benefits to employees. Let's understand what ESIC covers:
* Disability compensation
* Maternity benefits
* Sickness benefits
* Medical treatments
* Dependent benefits, in case of death due to employment injuries.

Do Security Guards Get ESIC Benefits?
Yes, security guards are entitled to ESIC benefits, but there are some minor conditions too, which as follows;
* Their monthly salary is within the ESIC wage limit (as prescribed by the government)
* The employer must be registered under ESIC.
Additionally, both employer and employee contribute a small percentage of wages towards ESIC.

What Are Those Conditions Where PF and ESIC Not Be Provided?
In some cases, guards doesn't get these benefits, and the situations are:
* If the company is not legally registered
* If the employer violates labour laws
* If the guard is hired without any documentation, or in informal way.
* If salary exceeds the ESIC eligibility limit
This is why it is very important to join only licensed and registered security agency, so you never be excluded from these benefits.

These benefits provides long term financial security and medical protection. group4jobs.com committed to providing accurate and reliable job related information so that every job seeker understands their rights. So stay connected with group4jobs.com for any upcoming updates on security guard job notification, employments benefits and study material as well!