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EDLI SCHEME 1976
EPFO wage ceiling hike 2026: Supreme Court asks PF body to increase Rs 15,000 limit; what it means for youIn a pivotal move, the Supreme Court has instructed the central government to reassess the wage ceiling for the Employees Provident Fund. T...- Up to Rs 7 lakh insurance cover for every salaried employee: How family of deceased EPFO member can claim this EDLI cover amountThe Employees’ Deposit Linked Insurance (EDLI) Scheme offers lump sum death benefits to private sector employees, ranging from Rs 2.5 lakh ...
- New EPFO rules for death benefit: 3 changes announced under the EPF's EDLI scheme; check detailsThe EPFO's Central Board of Trustees announces changes to the Employees' Deposit Linked Scheme to enhance benefits for families of EPF memb...
- Enhanced insurance benefits for EPFO members extended retrospectively from April 28Union Labour Minister Mansukh Mandaviya announced the extension of enhanced insurance benefits under the Employees' Deposit Linked Insuranc...
- Employees Deposit Linked Insurance Scheme: Calculation of assurance benefit under EDLI SchemeThe EPFO offers the EDLI scheme to private sector salaried employees. This system works in tandem with the EPF and the Employees' Pension S...
- EDLI: How to make insurance claim under Employees’ Deposit Linked Insurance Scheme, documents neededEDLI works in tandem with the EPF and the Employees' Pension Scheme (EPS). If an accident occurs during the individual's active service tim...
- EDLI insurance claims: EPFO clarifies on assurance benefits payable to Employees' Deposit Linked Insurance Scheme beneficiariesIt had stated that it has received complaints under the Employees' Deposit Linked Insurance Scheme (EDLI) where an employee has passed away...
- EPFO issues clarification on EDLI insurance claimsEDLI payments are being paid as a result of such Non-Contributory Period of Service (NCP) days.The EPFO has offered clarity on EDLI insuran...
- What is Employees' Deposit Linked Insurance Scheme?The registered nominee of the EDLI scheme receives a lump-sum payment in the event of the death of the EPF member, during the period of the...
- Labour Min hikes maximum sum assured payable under EDLI scheme to Rs 7 lakhThe Employees Provident Fund Organisation's (EPFO) Central Board of Trustees (CBT), headed by Labour Minister Santosh Gangwar, had decided ...
- EPFO raises Rs 1,181-cr demand on Sahara for unpaid PF, pension duesThe development comes nearly eight years after the issue of compliance failure was brought up by the EPFO in 2013.
- Govt hikes minimum life insurance for EPF-covered employees from Feb 15, 2018Under the EDLI scheme, 1976, the assurance benefit to an eligible employee will now stand at a minimum of Rs 2.5 lakh and will be capped at...
- EPFO cuts administration charges to 0.65%; firms to save Rs 1,000 crore a yearThe source said the new rate of administrative charge would be applicable from April 1, 2017.
- EPFO might retain 8.8% interest rate for employees, announce sops for 6L employersEarlier this year, govt had rolled back its decision to lower interest rate on EPF deposits to 8.7% for 2015-16 and fixed it at 8.8%
- EPFO hikes insurance cover up to Rs 6 lakh from current limit of Rs 3.6 lakhThe labour ministry has agreed to significantly enhance insurance benefits under the EDLI Scheme of the retirement fund body EPFO.
- Premium for product in lieu of EDLI need not be 0.5% of wagesThis directive will facilitate employers to buy group insurance schemes for their workers from insurance companies at a price lower than 0....
- EPFO meet to make Rs 1,000 monthly pension a realityGovt will provide an additional Rs 1,217 cr to ensure minimum pension of Rs 1,000 starting 2014-15. Pensioners will get benefit with effect...
- EPFO to consider raising retirement age to 60yrs in February 5 meetEPFO's CBT will consider a proposal to raise the retirement age of organised sector workers to 60 years for its pension at a meeting schedu...
- EPFO for hiking minimum administrative charges by employersMaking a case for hiking the charges, the body said, "Since 1978, on account of expanding economy, the real value of the rupees has come do...
- EPFO permits firms to opt for pvt cos' group insurance coverFirms can now ensure higher group insurance of Rs 1.32 lakh for each employee by opting for the Edelweiss Tokio Life-Group Life Protection ...
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