EPFO EDLI Scheme: The central government has also started some special schemes for PF employees. Schemes which are giving bumper benefits to the employees on a large scale. The EPFO ​​organization of the central government keeps on amending the rules made for PF employees every day.

Now it has been made clear by the EPFO ​​that if a PF employee dies during the job, the family will get a minimum benefit of Rs 50000. You must be surprised to hear this, but it is 100% true. Even if the employee does not have Rs 50000 in his PF account, he will still get the benefit of this amount. This amount will be made available to the nominee in the form of insurance.

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Big update for PF employees

The Union Ministry of Labour and Employment has made some big changes for the employees. The biggest change in the scheme is that if the employee has a gap of 60 days while calculating the 12-month job, then it will no longer be considered a break. If an employee has done 2-3 jobs and there is a break of less than 2 months between them, then all the jobs will be considered as continuous service, and you will get full insurance benefits.

If the employee dies suddenly for any reason and it happens within six months of receiving the last salary, then his nominee will get the insurance benefits. According to the ministry, if the employee is a member of EPFO and dies within 6 months of PF deduction from the last salary, then the nominee made by the employee will get the insurance benefits of the scheme.

Important things related to the EDLI scheme

For information, let us tell you that the Employee Deposit Linked Insurance Scheme is a scheme run by EPFO. Under this scheme, employees of the organised sector are given the benefit of insurance to the nominee in case of death while on the job.

Not only this, the legal heir is provided a lump sum amount under the scheme. Under the insurance, the employee does not have to pay any money from their side. An insurance amount of Rs 2.5 to 7 lakh is provided under this scheme.