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EDLI SCHEME BENEFITS
Delhi court directs confiscated PACL assets be used for investor repaymentA Special Court has ordered the confiscation of properties belonging to PACL Limited. These assets will now be handed over to the Justice R...- 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...
- Amid dissent in Trinamool Congress ranks, Mamata Banerjee's 'Girgiti' poem takes swipe at political turncoatsTrinamool Congress chief Mamata Banerjee has written a new poem titled 'Girgiti' or Chameleon. Political observers believe it is a message ...
- ED opposes Jacqueline Fernandez's approver plea in Rs 200 crore laundering caseThe Enforcement Directorate has opposed actor Jacqueline Fernandez's request to become an approver in a Rs 200 crore money laundering case....
- The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
- ED probes alleged ESOP misuse to launder money, bypass LRS rulesThe Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...
- 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...
- EPF's EDLI scheme: 3 changes announced for death benefit
- 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...
- 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 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.
- 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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