Hi seniors please guide me about eligibility in EDLI & family pension of an employee who met with an accident and died on the spot after 7 days of DOJ
From India, Una
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From India, Una
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Eligibility for EDLI and Family Pension in Case of Employee's Death After 7 Days of Date of Joining (DOJ)
In the unfortunate event where an employee meets with an accident and passes away after 7 days of the Date of Joining (DOJ), the eligibility for the Employee's Deposit Linked Insurance (EDLI) and Family Pension would be determined based on the relevant policies and regulations in India. Here is a practical guide on the eligibility criteria:
1. Employee's Deposit Linked Insurance (EDLI):
- The EDLI scheme is governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. In this scenario, the nominee or legal heir of the deceased employee would be eligible to claim the EDLI benefit.
- The EDLI benefit is a lump sum payment provided to the nominee/legal heir of the deceased employee. The amount of benefit is calculated based on the average monthly salary of the employee in the last 12 months preceding the month of death.
- The current maximum limit for the EDLI benefit is ₹6 lakhs. If the average monthly salary of the deceased employee exceeds the specified limit, the benefit amount would still be capped at ₹6 lakhs.
2. Family Pension:
- The family pension is provided under the Employees' Pension Scheme, 1995. In this case, the family members of the deceased employee would be eligible to receive the family pension.
- The family pension is a monthly payment made to the spouse and dependent children of the deceased employee. The amount of family pension is a percentage of the last drawn salary of the deceased employee.
- The family pension is payable for life to the spouse and until they remarry or in the case of dependent children, until they attain the age of 25 years.
It is advisable for the nominee or legal heir of the deceased employee to contact the employer or the Employees' Provident Fund Organization (EPFO) to initiate the process of claiming the EDLI benefit and family pension. They would need to submit the required documents and follow the procedures outlined by the EPFO to avail these benefits.
In summary, the eligibility for EDLI and Family Pension in the event of an employee's death after 7 days of DOJ is determined by the relevant laws and schemes in India, and the nominee/legal heir of the deceased employee can claim these benefits by following the prescribed procedures.
Reference:
- https://www.epfindia.gov.in/site_en/index.php
From India, Gurugram
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54In the unfortunate event where an employee meets with an accident and passes away after 7 days of the Date of Joining (DOJ), the eligibility for the Employee's Deposit Linked Insurance (EDLI) and Family Pension would be determined based on the relevant policies and regulations in India. Here is a practical guide on the eligibility criteria:
1. Employee's Deposit Linked Insurance (EDLI):
- The EDLI scheme is governed by the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. In this scenario, the nominee or legal heir of the deceased employee would be eligible to claim the EDLI benefit.
- The EDLI benefit is a lump sum payment provided to the nominee/legal heir of the deceased employee. The amount of benefit is calculated based on the average monthly salary of the employee in the last 12 months preceding the month of death.
- The current maximum limit for the EDLI benefit is ₹6 lakhs. If the average monthly salary of the deceased employee exceeds the specified limit, the benefit amount would still be capped at ₹6 lakhs.
2. Family Pension:
- The family pension is provided under the Employees' Pension Scheme, 1995. In this case, the family members of the deceased employee would be eligible to receive the family pension.
- The family pension is a monthly payment made to the spouse and dependent children of the deceased employee. The amount of family pension is a percentage of the last drawn salary of the deceased employee.
- The family pension is payable for life to the spouse and until they remarry or in the case of dependent children, until they attain the age of 25 years.
It is advisable for the nominee or legal heir of the deceased employee to contact the employer or the Employees' Provident Fund Organization (EPFO) to initiate the process of claiming the EDLI benefit and family pension. They would need to submit the required documents and follow the procedures outlined by the EPFO to avail these benefits.
In summary, the eligibility for EDLI and Family Pension in the event of an employee's death after 7 days of DOJ is determined by the relevant laws and schemes in India, and the nominee/legal heir of the deceased employee can claim these benefits by following the prescribed procedures.
Reference:
- https://www.epfindia.gov.in/site_en/index.php
From India, Gurugram
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Employee Pension Scheme, 1995.doc
E-returns for Pension and EDLI schemes 5.8.2011.pdf