Employees' Deposit Linked Insurance Scheme (EDLI)

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:insurance
gptkbp:administeredBy Employees' Provident Fund Organisation (EPFO)
gptkbp:appliesTo employees covered under Employees' Provident Fund (EPF)
gptkbp:benefit lump sum payment to nominee
gptkbp:contribution employer
0.5% of basic pay
gptkbp:country gptkb:India
gptkbp:eligibility all employees with EPF account
https://www.w3.org/2000/01/rdf-schema#label Employees' Deposit Linked Insurance Scheme (EDLI)
gptkbp:launched 1976
gptkbp:maximumLoanAmount INR 7 lakh
gptkbp:nomineeReceives insurance amount on death of employee
gptkbp:purpose provide life insurance cover to employees
gptkbp:regulates gptkb:Ministry_of_Labour_and_Employment,_Government_of_India
gptkbp:relatedTo gptkb:Employees'_Pension_Scheme
gptkb:Employees'_Provident_Fund_Scheme
gptkbp:requires all organizations covered under EPF Act
gptkbp:bfsParent gptkb:EPFO
gptkbp:bfsLayer 6