Sir, my father passed away on 26/05/2021. He worked in the private security service from 2011 to 2021. His last 12-month basic salary was 3700, and the total Provident Fund (PF) amount is 45000. I would like guidance on how much benefit will be provided under the Employee's Deposit Linked Insurance (EDLI) and pension schemes. Thank you for your assistance.
From India, Pune
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1From India, Pune
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Minimum and Maximum Claim Amounts
Minimum $250,000 and Max $700,000
EDLI Calculation
$3,700 * 35
Average Basic for 12 Months: $129,500
* 35 times
Bonus Calculation
$45,000 * 50%
Bonus Calculation: $29,371
* 50% of Average EPF Balance
Minimum claim: $250,000 and Max claim: $700,000
Please go for the minimum claim.
Documents Required
- Form 5
- Form 20
- Form 10C/Form 10D
- Death Certificate
From India, Ahmedabad
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Minimum $250,000 and Max $700,000
EDLI Calculation
$3,700 * 35
Average Basic for 12 Months: $129,500
* 35 times
Bonus Calculation
$45,000 * 50%
Bonus Calculation: $29,371
* 50% of Average EPF Balance
Minimum claim: $250,000 and Max claim: $700,000
Please go for the minimum claim.
Documents Required
- Form 5
- Form 20
- Form 10C/Form 10D
- Death Certificate
From India, Ahmedabad
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Google's Death Benefit Policy for Employee Family Members.pdf
Employee Benefits.doc