Understanding EDLI Contributions: Should We Exclude Employees Over 58?

Dear member,

One of our employees has crossed the age of 58 years, but we are still deducting his PF. However, his pension share has been stopped (as the upper age limit for pension is 58 years), and all the amount is being deposited in PF accumulation. We have a policy from LIC for EDLI. So, I want to know if we should exclude this employee from the EDLI list or not, and what is the upper age limit for EDLI contribution.

Dear Ashwani Bassi,

EDLI is stipulated as an insurance coverage on EPF. Accordingly, there is no age limit. As long as EPF continues, the EDLI contribution also has to be accompanied.

Abbas. P. S