Employees Deposit Linked Insurance Scheme: Features, Eligibility And Steps To Claim
Employees’ Deposit Linked Insurance Scheme is an efficient social security scheme that helps to cover EPF members with a life insurance cover in tandem with EPF and Employees Pension Scheme (EPS).
Jun 19, 2023, 11:45 AM IST
EPFO members to get loyalty-cum-life benefit of up to Rs 50,000
Retirement fund body EPFO's subscribers will get loyalty-cum-life benefit of up to Rs 50,000 at the time of retirement for contributing to the scheme for 20 years or more.
Apr 13, 2017, 11:38 AM IST
Premium for product in lieu of EDLI need not be 0.5% of wages
This directive will facilitate employers to buy group insurance schemes for their workers from insurance companies at a price lower than 0.5 percent of wages as required under EDLI.
Dec 24, 2014, 15:21 PM IST
Minimum monthly pension of Rs 1,000 under EPFO; wage ceiling up at Rs 15,000
The much-awaited minimum monthly pension of Rs 1,000 and a higher wage ceiling of Rs 15,000 for social security schemes run by retirement fund manager EPFO will be implemented from September 1.
Aug 28, 2014, 12:06 PM IST
