Employee Engagement And Retention, Day To
Hr And Ir
Assistant Engineer, Indian Telephone Industries,
Rajesh Kumar Dubey
Manager - Hr
If he has enrolled to EPF/EDLI by filling Form-5 and has worked for just one day, he is eligible to get compensation from EDLI, provided employer is prompt and regular in their remittance.
2nd September 2010 From India, Bangalore
As per my knowledge If an employee dies during employment his nominee of family member gets an amount equal to average balance in the PF account of the deceased employee during last 12 months. If such balance is more than 35,000 the insurance amount is payable is 35,000 + 25% of the excess amount of 35,000/- subject to overall limit of Rs. 60,000/- (Recently Govt. has made some changes in this regard. kindly find the attachment)
If the employees are covered under another life insurance scheme whose benefits are better than this scheme an exemption from this scheme can be obtained.
For recent changes kindly find the attached document.
27th September 2010 From India, Pune
please help in following points also
My one fellow has joined us recently 6 months ago.
his earlier deposited pf & pension fund has not been transferred to our existing account.
unfortunately he died 3 month ago.
in such condition what edli benefit will be provided by the insur machinery.
your's suggestion are highly required.
28th September 2010 From India
To calculate EDLI benefit, two things required
1. Average deposit in PF for the last twelve months
2. Average deposit in PF for total service.
Please furnish the above datas so that I shall inform you the quantum of EDLI benefit.
30th September 2010 From India, Bangalore
1. Original death cerificate
2. 3 pass port size photos ( Both from Father & Mother or Wife)
3. bank account ( goverment Bank i.e State Bank of india, Bank of india etc( Seperate Bank account for father , mother or wife)
4. Death Claim form ( Form No 5IF,SFC FORM, fORM10D, fORM 20, FORM 5 & 10, )
5. 3A for last twelve months
6. Non remarriage certificate
7. Death while in service cerificate from employer
Rgds/ Parvathi Shetty
10th November 2010 From India, Mumbai
Further, please let me know EDLI claim amount in below case.
Employee salary is Rs. 4000/ Month (Basic+DA) and gross salary is Rs. 6200/ Month.
Date of join the scheme: 17/03/2011
Date of Death: 18/05/2011.
Employee is covered in EPF & EDLI only, not under LIC.
Death is natural.
Waiting for your response..please!!!!
17th August 2012 From India, New Delhi