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Benefits Under

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0% found this document useful (0 votes)
22 views

Benefits Under

Se

Uploaded by

Rohit Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Benefits under EDLI Scheme 1976

Sl Date of Death Service Part A Calculation Part B Calculation Benefit


N amount
o
From To

1 08.01.2011 31.08.2014 < 12 Average PF Balance in NIL Thus, max


months preceding 12 months; amount can be
GSR 9 (E) dt Up to Rs. 50000: Rs 50000 Rs 120000
08.01.2011 Above Rs 50000: Rs.
50000 plus 40% of amount
above Rs. 50000
Max Rs. 100000
2 08.01.2011 31.08.2014 > =12 preceding 12 months; Average of last 12 Maximum of A
months Up to Rs. 50000: Rs 50000 months wages (max and B
in same Above Rs 50000: Rs. Rs. 6500) multiplied
establish 50000 plus 40% of amount by 20 Note: Thus,
ment above Rs. 50000 max amount
Max Rs. 100000 Max Rs. 130000 can be Rs.
130000
3 01.09.2014 23.05.2016 < 12 Average PF Balance in NIL Thus, max
months preceding 12 months; amount can be
GSR 610 (E) Up to Rs. 50000: Rs 50000 Rs. 120000
dt
22.08.2014
Above Rs 50000: Rs.
50000 plus 40% of amount
above Rs. 50000
Max Rs. 100000
Add bonus 20%,
Thus, maximum Rs.
120000
4 01.09.2014 23.05.2016 > =12 Average PF Balance in Average of last 12 Maximum of A
months preceding 12 months; months wages (max and B
in same Up to Rs. 50000: Rs 50000 Rs. 15000)
establish Above Rs 50000: Rs. multiplied by 20 Note: Thus,
ment 50000 plus 40% of amount Add bonus 20%, max amount
above Rs. 50000 Thus, maximum Rs. can be Rs.
Max Rs. 100000 360000 360000
Add bonus 20%,
Thus, maximum Rs.
120000
5 24.05.2016 14.02.2018 < 12 Average PF Balance in NIL Thus, max
months preceding 12 months; amount can be
GSR 543 (E) Up to Rs. 50000: Rs 50000 Rs 120000
dt Above Rs 50000: Rs.
24.05.2016 50000 plus 40% of amount
above Rs. 50000
Max Rs. 100000
Add bonus 20%,
Thus, maximum Rs.
120000
6 24.05.2016 14.02.2018 > =12 Average PF Balance in Average of last 12 Maximum of A
months preceding 12 months; months wages (max and B
in same Up to Rs. 50000: Rs 50000 Rs. 15000)
establish Above Rs 50000: Rs. multiplied by 30 Note: Thus,
ment 50000 plus 40% of amount Plus max amount
above Rs. 50000 50% of Average can be Rs.
Max Rs. 100000 monthly balance of 600000
Add bonus 20%, last 12 months, max
Thus, maximum Rs. Rs. 150000,
120000 Total max Rs.
600000

7 15.02.2018 14.02.2020 < 12 Average PF Balance in NIL Thus, max


months preceding 12 months; amount can be
GSR 170 (E) Up to Rs. 50000: Rs 50000 Rs 120000
dt Above Rs 50000: Rs.
15.02.2018 50000 plus 40% of amount
above Rs. 50000
Max Rs. 100000
Add bonus 20%,
Thus, maximum Rs.
120000
8 15.02.2018 14.02.2020 > =12 Average PF Balance in Average of last 12 Maximum of A
months preceding 12 months; months wages (max and B
in same Up to Rs. 50000: Rs 50000 Rs. 15000)
establish multiplied by 30 Note: Thus,
ment Plus max amount
Above Rs 50000: Rs. 50% of Average can be Rs.
50000 plus 40% of amount monthly balance of 600000
above Rs. 50000 last 12 months, max
Max Rs. 100000 Rs. 150000, Minimum will
Add bonus 20%, Minimum amount be 250000
Thus, maximum Rs. will be Rs. 250000
120000 Total max Rs.
600000

9 15.02.2020 28-04-2021 < 12 Average PF Balance in NIL Thus, max


months preceding 12 months; amount can be
Up to Rs. 50000: Rs 50000 Rs 120000
Above Rs 50000: Rs.
50000 plus 40% of amount
above Rs. 50000
Max Rs. 100000
Add bonus 20%,
Thus, maximum Rs.
120000
10 15.02.2020 28-04-2021 > =12 Average PF Balance in Average of last 12 Maximum of A
months preceding 12 months; months wages (max and B
in same Up to Rs. 50000: Rs 50000 15000) multiplied by
establish Above Rs 50000: Rs. 30 Note: Thus,
ment 50000 plus 40% of amount Plus max amount
above Rs. 50000 50% of Average can be Rs.
Max Rs. 100000 monthly balance of 600000
Add bonus 20%,
Thus, maximum Rs. last 12 months, max Minimum will
120000 150000, be Rs. 250000
Total max 600000
The minimum
amount of Rs
250000 was
applied
retrospectively
through GSR
299 dated 28-
04-2021

11 29-04-2021 28-04-2024 < 12 Average PF Balance in NIL Thus, max


months preceding 12 months; amount can be
GSR 299 € Up to Rs. 50000: Rs 50000 Rs 120000
dated 28- Above Rs 50000: Rs.
04-2021 50000 plus 40% of amount
Published above Rs. 50000
on 29-04- Max Rs. 100000
2021 Add bonus 20%,
Thus, maximum Rs.
120000
12 29-04-2021 28.04.2024 > =12 Average PF Balance in Average of last 12 Maximum of A
months, preceding 12 months; months wages (max and B
continuo Up to Rs. 50000: Rs 50000 Rs. 15000) Minimum will
us in one multiplied by 35 be Rs. 250000
or more Plus
establish Above Rs 50000: Rs. 50% of Average Note: Thus,
ments 50000 plus 40% of amount monthly balance of max amount
above Rs. 50000 last 12 months, max can be Rs
Max Rs. 100000 Rs. 175000, 700000
Add bonus 20%, Total max Rs.
Thus, maximum Rs. 700000
120000

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