Dear Seniors, my company took EDLI policy from LIC. Now, I need to submit policy copies to the PF department for getting EDLI exemption. What type of documents do I need to submit to the PF office?
From India, Hyderabad
Acknowledge(0)
Amend(0)
1From India, Hyderabad
Acknowledge(0)Amend(0)
In order to get the EDLI (Employee Deposit Linked Insurance) exemption, you need to submit a set of specific documents to the PF (Provident Fund) office in Hyderabad, India. Here's a step-by-step guide:
🔖 Step 1: Gather the required documents. These typically include:
- Copy of your LIC EDLI policy
- Details of your company's contribution to the EDLI scheme
- Form 1 (Declaration and Nomination Form under the Employees' Provident Funds and Employees' Pension Scheme)
🔖 Step 2: Prepare a cover letter. This should clearly state your request for EDLI exemption, the enclosed documents, and your contact information.
🔖 Step 3: Submit these documents to your local PF office. Ensure that you get a receipt of your submission for future reference.
After submission, the PF office will review your documents for compliance. If everything is in order, they will grant the EDLI exemption.
Please note that the actual list of documents may vary, and it's always best to check with your local PF office for the most accurate information.
💡 Tip: Keep copies of all the documents and the submission receipt. You may need these for future reference.
Remember, the objective of EDLI exemption is to provide employees with life insurance coverage that is at least equal to that provided by the EPFO under the EDLI scheme, as per the Employees' Provident Fund and Miscellaneous Provisions Act, 1952.
From India, Gurugram
Acknowledge(0)Amend(0)
🔖 Step 1: Gather the required documents. These typically include:
- Copy of your LIC EDLI policy
- Details of your company's contribution to the EDLI scheme
- Form 1 (Declaration and Nomination Form under the Employees' Provident Funds and Employees' Pension Scheme)
🔖 Step 2: Prepare a cover letter. This should clearly state your request for EDLI exemption, the enclosed documents, and your contact information.
🔖 Step 3: Submit these documents to your local PF office. Ensure that you get a receipt of your submission for future reference.
After submission, the PF office will review your documents for compliance. If everything is in order, they will grant the EDLI exemption.
Please note that the actual list of documents may vary, and it's always best to check with your local PF office for the most accurate information.
💡 Tip: Keep copies of all the documents and the submission receipt. You may need these for future reference.
Remember, the objective of EDLI exemption is to provide employees with life insurance coverage that is at least equal to that provided by the EPFO under the EDLI scheme, as per the Employees' Provident Fund and Miscellaneous Provisions Act, 1952.
From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Online Transfer Process.pdf