Nayak Technology's video: EPFO Important notice about EDLI

Hiii friends, is video me maine epfo ke ek latest update ke baare me bataya hai..EPFO Important notice about EDLI- Employees Provident Fund Organisation ne unified Member Portal per employees deposit linked insurance ke bare mein ek bahut hi important notice Jari Kiya Hai jismein Eid ke increase kiye Gaye benefits ke bare mein bataya gaya hai. BENEFITS ENHANCED UNDER THE EDLI SCHEME :- 1. The maximum benefit payable to the eligible family members of the deceased employee under paragraph 22(3) of the EDLI Scheme was earlier Rs. 6 lakh which has now been enhanced to Rs. 7 lakh. 2. The minimum assurance benefit of Rs.2.50 lakh payable under paragraph 22(3) of EDLI Scheme which was introduced with effect from 15.02.2018 for two years only, has been reinstated with effect from 15.02.2020. This is hoped to be of particular benefit to families of members who may have passed away due to the COVID-19 pandemic. 3. Another beneficial provision which has been inserted in the EDLI Scheme is that w.e.f. 28.04.2021, the minimum benefit of Rs. 2.50 lakh and maximum benefit of Rs.7 lakh will be provided to the eligible family members of those deceased members who have continued their scheme membership & employment for a continuous period of over twelve months, but may have switched their employer / establishment during the twelve months preceding their death. Earlier this benefit was available only where the deceased employee, being a member of the EDLI Scheme, was in employment of the same establishment for a continuous period of twelve months preceding the month in which he died. It is expected that this shall be of particular benefit to contract employees as well as other employees who change jobs frequently.