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EDLI SCHEME CONTRIBUTIONS
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...- EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistakeEPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family membe...
- Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to officesVedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The compa...
- EPFO Budgets 12.4% rise in 2026-27 contributionsThe Employees' Provident Fund Organisation anticipates a significant rise in contributions for 2026-27. This growth is expected due to incr...
- EPFO wage ceiling hike impact: What will change if Provident Fund body increases Rs 15,000 limit to Rs 21,000?The Supreme Court has directed the government to increase the Employees' Provident Fund Organisation's (EPFO) wage ceiling of Rs 15,000 wit...
- 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 ...
- Labour ministry notifies minimum assurance benefit criteria for EDLI subscribersThe labour ministry has relaxed criteria for the Employees’ Deposit Linked Insurance (EDLI) scheme, ensuring a minimum assurance benefit of...
- 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...
- Decline in EPS contributions triggers viability concernsThe audited annual accounts for FY21 show contributions to the scheme's pension fund dropped 2.7% to ₹50,562 crore from ₹51,953 crore in FY...
- 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...
- 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 may reduce PF contributions to 10%Presently, employees and employers contribute 12% of basic wages each towards PF, pension scheme and Employee Deposit Linked Insurance Sche...
- EPFO proposes loyalty-cum-life benefit of up to Rs 50,000 for membersAll those members getting more than Rs 10,000 monthly wage will be eligible for Rs 50,000 loyalty-cum-life benefit under the proposed schem...
- 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 to provide 3-year life cover to subscribers after job loss"The maximum sum assured under the Employees' Deposit Linked Scheme (EDLI) will soon be enhanced to Rs 6 lakh this month," the source said.
- 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 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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