Hi All,
My Dad joined a private organization on 16th April of this year, and he passed away on 22nd April (after five days) due to natural causes. He didn't have any contributions towards EPF - EDLI as he didn't receive his first month's salary. His CTC was 9795, with a basic pay of 2270.
How much compensation is he eligible for under EDLI? Please help as soon as possible. Thanks in advance.
From India, Mumbai
Acknowledge(0)
Amend(0)
3My Dad joined a private organization on 16th April of this year, and he passed away on 22nd April (after five days) due to natural causes. He didn't have any contributions towards EPF - EDLI as he didn't receive his first month's salary. His CTC was 9795, with a basic pay of 2270.
How much compensation is he eligible for under EDLI? Please help as soon as possible. Thanks in advance.
From India, Mumbai
Acknowledge(0)Amend(0)
Hi Siva, One of the senior admin here had mentioned even one day’s attendance is enough to claim EDLI. I had spoke to employer regarding this, and they said he is eligible.
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
If your emloyer is ready to support you then please fill the requisite forms & submit to PF authorities.
From India, Pune
Acknowledge(0)Amend(0)
0
0
From India, Pune
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user reply is incorrect. According to the Employees' Deposit-Linked Insurance (EDLI) Scheme, the minimum service requirement for claiming benefits is one month. The employer should assist in submitting the necessary forms to the PF authorities.
0
0
It is not correct to say that even one day's attendance is enough for EDLI. However, some insurance companies provide this facility of even one day's attendance. If the organization has taken a policy with any insurance company, based on the terms, the family can get the insurance amount. But under the Act, the claim is not tenable. However, my knowledge on this subject is about 6 years old, and I have not bothered to follow amendments on this matter. If there had been any, I am sure I will stand corrected.
If the organization is prepared to give, then why check on the legal position?
Sivasankaran
From India, Chennai
Acknowledge(0)Amend(0)
0
0
If the organization is prepared to give, then why check on the legal position?
Sivasankaran
From India, Chennai
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user reply contains some inaccuracies. As per the Employees' Deposit Linked Insurance Scheme, 1976, EDLI coverage starts from day one of employment, regardless of contribution to EPF. The family is eligible for compensation. It's recommended to consult recent amendments for any changes.
0
0
As per the PF Act, all employees are covered from day one. If your father was on the company's payroll and became a member under the PF Act, the dependents are eligible to claim Pension and EDLI coverage of an amount of Rs. 130,000. Please check with the HR manager for the declaration form 2 to identify the nominees and request him to process claims with the PF office. You can claim a portion of the salary for the days worked and ensure that PF is deducted in the final settlement. Dependents are also eligible for Gratuity.
From India, Hyderabad
Acknowledge(0)Amend(0)
0
0
From India, Hyderabad
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user reply contains incorrect information regarding PF coverage from day one. As per the EPF scheme, there is a qualifying period of 30 days before coverage begins. The correct information should reflect this aspect.
0
0
Dear Vijay,
As per the legal provisions, there is no eligibility criteria mentioned. If a policy has been taken by the concerned organization, then we would not know the eligible amount unless we examine the policy terms.
Sivasankaran
From India, Chennai
Acknowledge(0)Amend(0)
0
0
As per the legal provisions, there is no eligibility criteria mentioned. If a policy has been taken by the concerned organization, then we would not know the eligible amount unless we examine the policy terms.
Sivasankaran
From India, Chennai
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-[B]Response[/B]: The legal provision for EDLI applies regardless of EPF contributions. EDLI provides benefits in case of an employee's death. Please check the EDLI scheme for eligibility and compensation details.
0
0
Hi Lakshmi,
Thank you very much. I found a similar reply in another thread. Thanks again.
I would like to repost what was useful. Thanks to Mr. Abbas.
22-01-2011, 03:40 PM
Abbasiti Click on follow to get recommendations from Abbasiti Follow
Contributing Member
Member Since: May 2010
Location: Palakkad, Kerala
Subject - Re: Amendment to EDLI Scheme made on 8.1.2011
Dear all,
The above notification on EDLI amendment will create a revolution in the history of EDLI. Till 08.01.2011, those who die immediately after registering with EPF will get only a minimum amount of one month's contribution. For ceiling salary, this will be Rs. 1018.55 (12% (employee) + 3.67% (employer) = 15.67%, 15.67% x 6500 = 1018.55).
As per the new notification, the EDLI amount will be calculated as follows: 1) Calculate the entitled amount based on PF deposit subject to a ceiling of Rs. 1,00,000. 2) 20 times the salary subject to a salary ceiling of Rs. 6500. According to this calculation, the ceiling will be Rs. 1,30,000. Out of the above (1) & (2), whichever is higher will be given as EDLI. In general, 20 times the salary subject to a salary ceiling of Rs. 6500 will be ensured towards EDLI. For the ceiling salary, this will be Rs. 1,30,000. 130000/1018.55 = 127.63. i.e., the minimum is enhanced by 127.63 times!
Therefore, effective from 08.01.2011, there will be a minimum of 20 times the EDLI applicable salary (this may vary subject to salary). The maximum will be Rs. 1,30,000.
Abbas.P.S
From India, Mumbai
Acknowledge(0)Amend(0)
Thank you very much. I found a similar reply in another thread. Thanks again.
I would like to repost what was useful. Thanks to Mr. Abbas.
22-01-2011, 03:40 PM
Abbasiti Click on follow to get recommendations from Abbasiti Follow
Contributing Member
Member Since: May 2010
Location: Palakkad, Kerala
Subject - Re: Amendment to EDLI Scheme made on 8.1.2011
Dear all,
The above notification on EDLI amendment will create a revolution in the history of EDLI. Till 08.01.2011, those who die immediately after registering with EPF will get only a minimum amount of one month's contribution. For ceiling salary, this will be Rs. 1018.55 (12% (employee) + 3.67% (employer) = 15.67%, 15.67% x 6500 = 1018.55).
As per the new notification, the EDLI amount will be calculated as follows: 1) Calculate the entitled amount based on PF deposit subject to a ceiling of Rs. 1,00,000. 2) 20 times the salary subject to a salary ceiling of Rs. 6500. According to this calculation, the ceiling will be Rs. 1,30,000. Out of the above (1) & (2), whichever is higher will be given as EDLI. In general, 20 times the salary subject to a salary ceiling of Rs. 6500 will be ensured towards EDLI. For the ceiling salary, this will be Rs. 1,30,000. 130000/1018.55 = 127.63. i.e., the minimum is enhanced by 127.63 times!
Therefore, effective from 08.01.2011, there will be a minimum of 20 times the EDLI applicable salary (this may vary subject to salary). The maximum will be Rs. 1,30,000.
Abbas.P.S
From India, Mumbai
Acknowledge(0)Amend(0)
Your family members are eligible for claiming PF and EDLI. Once checked and confirmed that your father had signed the declaration form clearly, giving nominee details, the nominee can claim for payment of PF and EDLI. Please write a letter to settle the due amount, informing that you are the legal heir. It is the responsibility of the employer to cover and pay the dues. The new EDLI policy coverage is in force, and if the employer has purchased a policy from an insurance company, it should follow the act and pay. This EDLI act will come into force along with PF.
From India, Hyderabad
Acknowledge(0)Amend(0)
0
0
From India, Hyderabad
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-[B]Response[/B]: Your family can claim PF and EDLI benefits. Ensure the nominee details are in order. The employer is responsible for settling dues. Check the latest EDLI policy for coverage. (1 Acknowledge point)
0
0
My friend joined the Provident Fund in an organization (which is unexempted) on January 1, 1974, and passed away on February 26, 2011. This private organization is very diligent in PF remittance. How much EDLI is eligible for this loyal friend? Members are requested to reply, please!
From India, Coimbatore
Acknowledge(0)Amend(0)
0
0
From India, Coimbatore
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user's reply contains incorrect information regarding the eligibility for EDLI. The calculation for EDLI benefits is based on the average monthly salary drawn during the 12 months preceding the month in which the member dies. The base for calculation includes basic pay and dearness allowance. The user's scenario does not align with the EDLI calculation criteria.
0
0
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Check Failed/Partial)-The user's reply is incorrect. According to the latest laws, even if an employee has worked for just one day, they are eligible for EDLI benefits. The employer should provide compensation in such cases. Please refer to the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.