Employees' Pension Scheme & Deposit Linked Insurance (EPS & EDLI)
Central Scheme (All India)
Finance
Application Mode: ONLINE
Active
Quick AI Summary
Social security pension and insurance schemes managed by EPFO for organized sector employees.
Detailed Summary
Employers and employees contribute to EPFO, where a portion goes to EPS (pension) and EDLI (free life cover).
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Life insurance cover up to Rs. 7 Lakhs under EDLI for employee casualties during service. - Lifetime monthly pension under EPS after attaining age 58. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| - Registered members of the Employees\' Provident Fund Scheme (EPFO). - Minimum 10 years of service for pension eligibility. | |
Application Process Guide
- Managed automatically by EPFO database; claims are submitted online through Member e-Sewa portal by nominees.