EDLI Update - Minimum Assurance benefit of Rs. 2.5 lakhs for two years

Effective from 15^th February 2018, Ministry of Labour and Employment has introduced minimum assurance benefit of Rs. 2.5lakhs and maximum of 6 lakhs.

Accordingly, the proviso under para 22(3) (i) has been substituted as under;

the minimum assurance benefit of Rs. 2.5 lakhs shall be in force for a period of two years from the date of publication of this Scheme in the Official Gazette.

Please refer the attached notification for more details

👉EDLI Assurance Benefit Min Max ceiling_15.02.2018