After 7 years of struggle, I finally received my husband's PF money, but they refused to provide EDLi, stating that the company was exempted from it. I feel helpless because the company no longer exists.
Also, could you please inform me how much pension I would receive if my husband's basic salary was around $13,000? He passed away while still in service.
From India, Noida
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2Also, could you please inform me how much pension I would receive if my husband's basic salary was around $13,000? He passed away while still in service.
From India, Noida
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Hi, Mam,
I am sorry to hear about the loss of your husband. Please provide us with the details of his length of service, his organization's name and location, and his PF account number. We will check this information and get back to you with confirmation on your query. Additionally, we will try to assist you with the EDLI benefits as well.
Thank you.
From India, Delhi
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I am sorry to hear about the loss of your husband. Please provide us with the details of his length of service, his organization's name and location, and his PF account number. We will check this information and get back to you with confirmation on your query. Additionally, we will try to assist you with the EDLI benefits as well.
Thank you.
From India, Delhi
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Sir, he started working in October 1998. He was there until he passed away in Jan 2006. His PF number is BGBNG 10696/350. I got the PF amount (Form 20). However, they refused to give EDLI benefit. They say the Pension (Form 10D) is in process. It's been a long time and a long wait for everything.
Please let me know how much the widow's pension is and also the EDLI benefit. His company, Datacons, was taken over by www.3i-infotech.com. Initially, they responded, but now they don't answer my emails when I ask them about EDLI.
From India, Noida
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Please let me know how much the widow's pension is and also the EDLI benefit. His company, Datacons, was taken over by www.3i-infotech.com. Initially, they responded, but now they don't answer my emails when I ask them about EDLI.
From India, Noida
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(Fact Check Failed/Partial)-The Employee's Deposit Linked Insurance Scheme (EDLI) benefit is applicable irrespective of the company's exemption status. The widow pension amount is calculated based on service length and salary. The lack of response from the acquiring company is concerning and may require legal intervention for resolution.
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Hi,
I should tell you that if the company was not depositing EDLI with PF Deptt., then they must have taken a Policy in this regard with LIC. In case they went with the LIC policy during that time, you are entitled to receive Rs. 1 lakh as compensation. Also, you should verify if they have opted for double accident policy. If so, you are entitled to receive 2 lakhs. Regarding pension, please note that the pension will be calculated as follows: Pension will be calculated according to the prescribed norms by software, eliminating any chance of manipulation by any person.
If EDLI was deposited by the company, you would have received 20 times the amount on which the pension fund was deducted. Hope this information is helpful to some extent.
Raj
From India, Bahadurgarh
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I should tell you that if the company was not depositing EDLI with PF Deptt., then they must have taken a Policy in this regard with LIC. In case they went with the LIC policy during that time, you are entitled to receive Rs. 1 lakh as compensation. Also, you should verify if they have opted for double accident policy. If so, you are entitled to receive 2 lakhs. Regarding pension, please note that the pension will be calculated as follows: Pension will be calculated according to the prescribed norms by software, eliminating any chance of manipulation by any person.
If EDLI was deposited by the company, you would have received 20 times the amount on which the pension fund was deducted. Hope this information is helpful to some extent.
Raj
From India, Bahadurgarh
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(Fact Check Failed/Partial)-The information provided in the user reply is partially correct. However, the calculation for EDLI and pension needs clarification.
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Dear friends,
In 2006, the maximum EDLI amount was Rs. 60,000. Usually, in exempted cases, the employer might have insured with any agencies. If so, the compensation will be Rs. 62,000 for a normal case and Rs. 1,24,000 for accidental death.
The widow's pension for a salary of Rs. 6500 and more at that time will be Rs. 1750. Additionally, two children are entitled to receive 25% of the widow's pension until they reach the age of 25 years.
Abbas.P.S
From India, Bangalore
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In 2006, the maximum EDLI amount was Rs. 60,000. Usually, in exempted cases, the employer might have insured with any agencies. If so, the compensation will be Rs. 62,000 for a normal case and Rs. 1,24,000 for accidental death.
The widow's pension for a salary of Rs. 6500 and more at that time will be Rs. 1750. Additionally, two children are entitled to receive 25% of the widow's pension until they reach the age of 25 years.
Abbas.P.S
From India, Bangalore
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(Fact Check Failed/Partial)-[The user reply contains inaccurate information regarding the EDLI amount, widow pension amount, and entitlement of children. The correct information should be provided based on current laws and regulations.]
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Hello, thank you for the response. I really appreciate it. The problem I face is that the company my husband worked with was taken over by another company. Now when I contacted them, they told me to provide them with proof that my husband was still in service. I sent them the PF slip till the time of his demise. After receiving it, they have stopped responding.
The second problem is the PF office is not sending any pension or anything at all. When I call the office, they don't respond and just hang up. How do I go about it now? Please guide.
From India, Noida
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The second problem is the PF office is not sending any pension or anything at all. When I call the office, they don't respond and just hang up. How do I go about it now? Please guide.
From India, Noida
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(Fact Checked)-The company's acquisition does not affect your right to PF or pension. Contact the EPFO directly with necessary documents. Seek legal advice if needed. (1 Acknowledge point)
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Hi,
As Raman rightly said, if the claim is not made by you and the employer, the benefit will go to the insurance company. Therefore, submit the death certificate and family certificate along with a request to the employer to settle the EDLI lump sum amount at the earliest. If this is not resolved with the employer, you may approach the Enforcement Commissioner at the Provident Fund office under your husband's company jurisdiction.
Regarding the pension, it is not based on how much your husband's basic salary was but on the number of years of service rendered and the service left. Dependent's benefits will be determined by the PF authorities. You need to apply directly to the Provident Fund Commissioner where the PF is settled. If the husband's company no longer exists and there is no authorized person to sign Form 10D, alternatively, you can get it signed by the authorized person mentioned in the form and submit it. You will receive pension from the day of death until the date of settlement as a lump sum amount, and later on, you will receive monthly pension. Please be patient and follow up with the PF office.
I hope this helps.
From India, Hyderabad
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As Raman rightly said, if the claim is not made by you and the employer, the benefit will go to the insurance company. Therefore, submit the death certificate and family certificate along with a request to the employer to settle the EDLI lump sum amount at the earliest. If this is not resolved with the employer, you may approach the Enforcement Commissioner at the Provident Fund office under your husband's company jurisdiction.
Regarding the pension, it is not based on how much your husband's basic salary was but on the number of years of service rendered and the service left. Dependent's benefits will be determined by the PF authorities. You need to apply directly to the Provident Fund Commissioner where the PF is settled. If the husband's company no longer exists and there is no authorized person to sign Form 10D, alternatively, you can get it signed by the authorized person mentioned in the form and submit it. You will receive pension from the day of death until the date of settlement as a lump sum amount, and later on, you will receive monthly pension. Please be patient and follow up with the PF office.
I hope this helps.
From India, Hyderabad
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(Fact Check Failed/Partial)-The user reply contains some inaccuracies. The Employee Deposit Linked Insurance (EDLI) benefit is managed by the EPFO, not an insurance company. The eligibility and calculation for pension benefits are also based on specific formulas provided by the EPFO. It's crucial to follow the correct procedures outlined by the EPFO for claiming benefits.
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Dear RBR07,
Exemptions do not mean that they are exempted from paying EDLI. EDLI exemption means that your husband's working company has taken group insurance from other companies such as LIC, Metlife, ICICI, among others. There was a clause in the EPFO act stating that if the PF-covered company has the option to get insurance from the EPFO or from other companies like LIC, Metlife, ICICI, among others.
According to EPFO, for EDLI, there are certain calculations. Based on these calculations, you will receive money. In your case, it is very simple: your husband's company HR needs to apply to the private (EDLI) insurance company with the necessary documents, and then you will receive the money. Ultimately, the nominee will receive the EDLI maximum limit of 1,30,000 rupees in your case.
If you do not apply for this money, both your husband's employer and you will lose out. The insurance company will be the one to benefit.
Thank you.
From India, Hyderabad
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Exemptions do not mean that they are exempted from paying EDLI. EDLI exemption means that your husband's working company has taken group insurance from other companies such as LIC, Metlife, ICICI, among others. There was a clause in the EPFO act stating that if the PF-covered company has the option to get insurance from the EPFO or from other companies like LIC, Metlife, ICICI, among others.
According to EPFO, for EDLI, there are certain calculations. Based on these calculations, you will receive money. In your case, it is very simple: your husband's company HR needs to apply to the private (EDLI) insurance company with the necessary documents, and then you will receive the money. Ultimately, the nominee will receive the EDLI maximum limit of 1,30,000 rupees in your case.
If you do not apply for this money, both your husband's employer and you will lose out. The insurance company will be the one to benefit.
Thank you.
From India, Hyderabad
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(Fact Check Failed/Partial)-The information provided in the user reply is mostly incorrect. The Employee Deposit Linked Insurance (EDLI) scheme is a mandatory insurance cover provided by the EPFO, not through private insurance companies. The EDLI benefit is calculated based on a formula provided by the EPFO and is subject to certain limits. It is essential to contact the EPFO directly to claim the EDLI benefit.
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(Fact Check Failed/Partial)-The user reply contains helpful information but lacks the specific details requested in the original post regarding the husband's Basic salary and the company's status. Kindly provide these details for accurate assistance.