CPS

Code on Social Security

Occupational Safety, Health & Working Conditions Code, 2020

Overview

The Code on Social Security, 2020 consolidates nine major social security laws, including EPF, ESIC, Maternity Benefit, Gratuity, and Employee Compensation laws, into a unified framework. It expands the scope of social protection to cover organised, unorganised, gig, and platform workers, ensuring wider financial and healthcare security.

For employers, the Code introduces new compliance responsibilities relating to registration, contributions, benefits administration, and workforce classification, requiring structured implementation and payroll alignment.

code on social security

Why Social Security Compliance is Critical

The new Code significantly impacts:

  • PF, ESIC, gratuity, and other statutory contributions

  • Coverage of contract workers, gig workers, and fixed-term employees

  • Wage structuring linked to the new wage definition

  • Registration and reporting obligations

  • Employee benefit administration and documentation

  • Long-term workforce cost planning

Proper alignment helps organisations manage liabilities while ensuring statutory protection for employees.