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EDLI News

19 Jun 2023

Employees Deposit Linked Insurance Scheme: Features, Eligibility

EDLI is provided by the Employees’ Provident Fund Organization. It covers EPF members with insurance coverage. Nominees can receive up to Rs 7 lakh.

13 Apr 2017

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.

24 Dec 2014

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.

28 Aug 2014

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.

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