A Byte a Day on EPF Act
What is Employees’ Deposit Linked Insurance Scheme (EDLI)?
The Employees’ Deposit Linked Insurance Scheme (EDLI) is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO) for private sector salaried employees. If the employee dies, during the period of the service, the registered nominee receives a EDLI payment. The EDLI applies to all organisations registered under the Employees Provident Fund and Miscellaneous Provisions Act, 1952.
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