An employee of my organization is deceased due to heart attack while on duty. Does he qualify for EDLI scheme and if yes then how can we get his family the benefits of EDLI?
From India, Ahmedabad
Acknowledge(0)
Amend(0)
1From India, Ahmedabad
Acknowledge(0)Amend(0)
Hi,
Sorry to hear.
Yes, the nominees of the deceased employee are eligible for EDLI Benefit. You need to process the same through the "Composite Claim Form in Death Cases" ([Form-20 (PF Payment)/Form-10-D (Pension)/ Form - 5 IF (EDLI)]). All claims can be applied in one single form.
You need to collect the Death certificate, proof of Marriage (in case of a married employee), Legal Heir certificate, Bank Account details, etc., from the nominee of the employee.
By the way, how long did the deceased employee work with your organization?
From India, Madras
Acknowledge(0)Amend(0)
Sorry to hear.
Yes, the nominees of the deceased employee are eligible for EDLI Benefit. You need to process the same through the "Composite Claim Form in Death Cases" ([Form-20 (PF Payment)/Form-10-D (Pension)/ Form - 5 IF (EDLI)]). All claims can be applied in one single form.
You need to collect the Death certificate, proof of Marriage (in case of a married employee), Legal Heir certificate, Bank Account details, etc., from the nominee of the employee.
By the way, how long did the deceased employee work with your organization?
From India, Madras
Acknowledge(0)Amend(0)
Hello Sir, Thanks for replying and the employee working with us from dec-2021 and his death happened in month of Jan-2023.
From India, Ahmedabad
Acknowledge(0)Amend(0)
From India, Ahmedabad
Acknowledge(0)Amend(0)
Hi, Ok Noted just to ascertain the total service period asked you.
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
Why not,? He is also eligible This is not like General Insurance At the time of premium agent can talk sweetly. When we are going to claim ,1000 conditions are there but in EDLI not like that
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
Under EDLI, the person entitled to receive the PF accumulations of the deceased is also entitled to receive the EDLI benefits, apart from the Monthly EPS benefits.
The EDLI amount is calculated based on the average monthly salary drawn during the twelve months preceding the month of the member's demise, multiplied by thirty-five times plus fifty percent of the average balance in the account of the deceased in the fund.
The amount arrived at is further subject to a ceiling of Rs. 1,75,000; provided that the assurance benefit shall not be less than Rs. 2,50,000 and the maximum shall not exceed Rs. 7 lakh.
From India, Mumbai
Acknowledge(0)Amend(0)
The EDLI amount is calculated based on the average monthly salary drawn during the twelve months preceding the month of the member's demise, multiplied by thirty-five times plus fifty percent of the average balance in the account of the deceased in the fund.
The amount arrived at is further subject to a ceiling of Rs. 1,75,000; provided that the assurance benefit shall not be less than Rs. 2,50,000 and the maximum shall not exceed Rs. 7 lakh.
From India, Mumbai
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Employee Benefits.doc
Employee Benefits.zip