EPFO New Rules: Family Eligible For Rs 50,000 Payout In Event Of PF Holder's Death Even If Fund Balance Is Less Than...
Monday, 21 July 2025 ()
EPFO's recent notification has said that in the event of death of an employee, even if the average provident fund balance is less than Rs 50,000, a minimum assurance benefit of Rs 50,000 shall be payable to his/her family members under Employees’ Deposit-Linked Insurance (Amendment) Scheme.
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