News From Press What is employees' deposit linked insurance scheme?

What is employees' deposit linked insurance scheme?

Source: ET Oct 22, 2021

The Employees' Deposit Linked Insurance Scheme or EDLI is an insurance cover provided by the EPFO (Employees' Provident Fund Organisation) for private sector salaried employees. This scheme works in combination with EPF and Employees' Pension Scheme (EPS). The extent of the benefit is decided by the last drawn salary of the employee.

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