Besides, it has directed aggregators to register all new appointments and exits on a real-time or daily basis to ensure effective implementation of the Code. The directive is part of the final Rules for the Social Security Code, 2020, notified on Friday.
Also Read: Beyond the algorithm: Why millions of gig workers need people science?
“If any aggregator fails to pay any amount of contribution payable under sub-section (4) of section 114, within such time as may be specified by the central government for such purpose, such aggregator shall be liable to pay interest on the amount of contribution, to be paid, at the rate of one per cent. for every month or part of a month comprised in the period from the date on which such payment was due till such amount is actually paid,” it said.
Outlining the eligibility criteria for gig workers to avail the social security benefits, the Rules said the worker should be at least sixteen years of age and has been engaged as gig and platform worker for not less than ninety days with an aggregator, or in the case of multiple aggregators, not less than one hundred and twenty days, in the last financial year.
Also Read: Gig workers social security scheme may have multiple fund managers
An eligible gig and platform worker shall include all such workers engaged by the aggregator directly or through an associate company or holding company or subsidiary company or limited liability partnership or through a third party.“However, such gig and platform workers shall cease to be eligible for the benefits of social security schemes, when he attains the age of sixty years or when he is not engaged as gig and platform worker,” it added.
The government will set up an authority to collect and manage the contributions to be made to the social security fund which will be set up to provide the benefits to gig workers.