Hi,
My Dad's basic salary was 3000 PM, with a date of joining (DOJ) on 1/11/2010. The date of his demise was 22/4/2012, at the age of 43. I am seeking information on the compensation he may receive under the PF EDLI scheme. Can someone provide me with a brief explanation?
Additionally, I would like to understand the process for claiming this money.
Thank you.
From India, Bangalore
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1My Dad's basic salary was 3000 PM, with a date of joining (DOJ) on 1/11/2010. The date of his demise was 22/4/2012, at the age of 43. I am seeking information on the compensation he may receive under the PF EDLI scheme. Can someone provide me with a brief explanation?
Additionally, I would like to understand the process for claiming this money.
Thank you.
From India, Bangalore
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If the basic is 3000, the deduction per month will be 3000*12% = 360 (by employee + 360 by employer). According to this, the employee will be eligible for the service duration he worked with the company. You need to claim this amount after 2 months from the last day.
From India, Pune
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From India, Pune
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Dear Rajkve, Please find the attachments for your reference.....
From India, Erode
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From India, Erode
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The process is as follows:
1. Get the Form 5 (I.F.) filled out by the nominee/legal heir of the deceased or guardian of the minor nominee(s)/Legal heir of the deceased member.
2. Attest the form.
3. Get the claim form deposited with RPFC for settlement.
Facilitation from the employer is important as RPFC will process EDLI payment only when Form 5 (IF) has been attested/authorized by the employer. The first instruction on the form clearly states, "Through the employer under whom the deceased was last employed."
The form can be downloaded from the PF department website www.epfindia.com.
From India, New Delhi
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1. Get the Form 5 (I.F.) filled out by the nominee/legal heir of the deceased or guardian of the minor nominee(s)/Legal heir of the deceased member.
2. Attest the form.
3. Get the claim form deposited with RPFC for settlement.
Facilitation from the employer is important as RPFC will process EDLI payment only when Form 5 (IF) has been attested/authorized by the employer. The first instruction on the form clearly states, "Through the employer under whom the deceased was last employed."
The form can be downloaded from the PF department website www.epfindia.com.
From India, New Delhi
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls