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
|