Understanding EDLI and Family Pension Calculations for Employee Death During Service: Can You Help?

Hi,

Can anybody inform me regarding EDLI calculation, family pension calculation for widows and other dependents under the PF Act, and the calculation of dependent's benefit amount under the ESI Act in the case of the death of an employee during service? Please assist me at the earliest.

Minimum ₹25,000.00 (if the balance is less than a certain amount) over and above up to with reference to (as PF authority percentage rate). The maximum amount is ₹60,000.00.

Dear HR team, Please send me the EDLI claim calculation format.

Regards,
M. Jagadeevan
HR Executive
M/S. Suryadev Alloys & Power Pvt Ltd.
Cell: [Phone Number Removed For Privacy Reasons]

Inquiry About Benefits After Employee's Death

Please tell me if any person dies after two months of contribution, what benefits are available for the same.

Thank you.

Please check Date of Eligibility: 17/03/2011 Date of Death: 18/05/2011

EDLI Amount Calculation

In this case, the EDLI amount will be 20 times the salary, subject to a ceiling amount of Rs. 1,30,000. If the death is caused due to an accident and the member was covered by the Insurance Scheme in lieu of EDLI, there may be provisions to receive double benefits, i.e., Rs. 2,60,000 or more.

Abbas.P.S

Dear Sir, my point is not clear because I have asked about eligibility (period) rather than the amount. Please clarify this for me. Thank you.

Eligibility for EDLI and Family Pension Benefits

As per the rule, one month's contribution is required to be eligible for the EDLI benefit. However, in practice, attending for just one day after registering with EPF is sufficient for availing benefits such as EDLI and Family Pension.

Regards,
Abbas.P.S

Please tell me the time period for eligibility for a widow's pension under the EPF Act 1952.

Dear All,

Can anybody tell me if we have group insurance for all our employees, what is the required EDLI contribution as per EPF & MP Act?

Thanks

Arvind Sir, if your organization is under a group insurance plan, then you don't need to deposit EDLI. However, make sure to first inform the EPF Department about your insurance coverage.

Can a person who has only 9 months of service and expired in an accident be eligible for EDLI.

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Please let me know if you need further assistance.

EDLI New Rule

The average monthly wages drawn (subject to a maximum of 15,000.00) during the 12 months preceding the month in which the employee died, multiplied by 30 times plus 50% of the average balance in the account of the deceased in the Fund, whichever is less, subject to a ceiling of 1,50,000/-.

Provided that the assurance benefit shall not be less than 2.5 lakh rupees. Provided further that the assurance benefit shall not exceed 6 lakh rupees.

Example

Employee DOJ: 01/01/2018, DOD: 20/02/2018, PF salary: 10,000/-
EPF Deduction: 10,000 / 26 (working days) x 18 Present Days = 6,923.00
PF contribution @12% 831.00 + Employer share towards EPF @3.67% = 254.00 + EPS @8.33% = 577.00, Total EPF Balance = 1,085 + Int.

EDLI calculation: 10,000 x 30 = 3 Lacs + 50% of EPF balance i.e. 543.00. EDLI Benefits would be 3,00,543.00 + Pension to widow and child up to 2 children of age up to 25 years + EPF balance. The said provision shall be in force for the first 2 years from 15/02/2018.

Dear Sir/Madam,

Our employee who joined our organization on 16th October 2017 passed away in a road accident on 16th May 2018.

His gross salary was Rs.14,000 per month, and his basic salary was Rs.5,600 per month. In his last month, his basic salary was Rs.2,377, and EPF deductions amounted to Rs.285.

When we claimed his PF, Pension, and EDLI, PF approved all his claims. However, the EDLI amount to be paid to the claimant is Rs.3,636. We are having difficulty understanding the calculation.

Please advise.

Dear Sir/Madam,

Please tell me the amount of EDLI. The Date of Joining (DOJ) is 1st May 2018, and the Date of Death (DOD) is 21st July 2018. The salary is Rs. 11,000. What will be the EDLI amount given by EPF to the deceased family?