EDLI - Is It Still Going To RPFC Or Shifted To Insurance Company

Dear all
Just to share with those who are not aware of - EDLI ( Employee deposit linked insurance 0 where the organisation pays 0.51% of basic along with PF for employee insurance, this can be shifted to an insurance company with atleast 5-6 times more benefit at lesser cost . This is approved by RPFC .
Regards
Sarbinder

its already incorporated under section 17 2B the EPF & MP Act. if any employer or establishment providing better benefit to their employee, in terms of accidents, then he can applied for exemption under the act.

Dear Essykkr,
Can you please reproduce the section 17 2B of EPF & MP Act 1952 verbatim for the benefit of you as well as others?

Dear All,
The subject of EDLI exemption with it's benefits / advatages is discussed earlier in this forum. The link of the said discussions is given under for ready reference and benifits of all.
https://www.citehr.com/451416-latest...n-charges.html

Thanks a ton for the lattest notification
It is always a pleasure to find all the friends sharing and giving useful advice
God bless this forum and friends