2024年4月22日 · The EDLI scheme is an employee welfare measure promoted by employers and the government; thus, life insurance benefits are guaranteed. The EDLI scheme boosts employees' morale by giving insurance coverage to employees and securing their family members after their death.

Today, the EDLI scheme is managed and administered by the Employees Provident Fund Organisation (EPFO) and the scheme provides term life insurance cover on the life of the member employee. How does the EDLI scheme work? Organisations that are eligible for EPF also become eligible for EDLI.

2024年12月5日 · However, the Centre has now decided to continue the enhanced benefits of the EDLI Scheme to all EPF subscribers and their family members until further notice, with retrospective effect from 28th April 2024. Accordingly, the Employees’ Deposit-Linked Insurance Scheme, 1976, has been amended with effect from 28th April 2024.

2024年7月16日 · The full form of EDLI is Employees’ Deposit Linked Insurance Scheme and it is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal heir of an active member of EPFO gets a lump sum payment of up to Rs. 7 lakh in case of death of the member during the service period.

The Ministry of Labour and Employment vide its notification dated 18 Nov 2024 has extended the Employees'Deposit-Linked Insurance (Second Amendment) Scheme, 2024. Here are the key highlights of the amendments: Effective Date: The amendments are deemed to have come into force on 28th April 2024.

Learn about EDLI (Employees' Deposit Linked Insurance) - a government-backed insurance scheme provides life coverage to employees. Know the benefits and its eligibility. Calculate your SIP Return

2021年10月21日 · Here is a look at 5 key features of the EDLI scheme. Maximum assured benefit up to Rs 7 lakh to be paid to the nominee or legal heir of the EPF member if death occurs while in service. Under EDLI scheme 1976, minimum assurance benefit is of Rs 2.5 lakh in case the deceased member was in continuous employment for 12 months prior to his or her death.

2021年5月5日 · Employees Deposit Linked Insurance Scheme or EDLI is insurance cover provided by EPFO. The scheme is targeted at private sector employees. Read further to know about the scheme in detail.

2024年10月18日 · Union Labour Minister Mansukh Mandaviya has announced the extension of enhanced insurance benefits under the Employees' Deposit Linked Insurance (EDLI) scheme for members of the Employees' Provident Fund Organisation (EPFO).

2024年10月17日 · Union Labour Minister Mansukh Mandaviya announced the extension of enhanced insurance benefits under the Employees' Deposit Linked Insurance (EDLI) scheme, providing up to Rs 7 lakh life cover to over 6 crore EPFO members, effective retroactively from …