Earlier this year, EPFO had raised the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme.
KEY HIGHLIGHTS
- EPFO has asked its members/subscribers to file EPF nominations digitally to avail of benefits worth Rs 7 lakh.
- EPFO shared a demonstration video showing the step-by-step guide on how to do it.
- Family members of EPF/EPS subscribers get family pension & insurance benefits in case of the untimely death of the member.
New Delhi: Retirement fund body Employees’ Provident Fund Organisation (EPFO) has asked its members/subscribers to file EPF nominations digitally to avail of benefits worth Rs 7 lakh. “Members should file e-Nomination today to provide #SocialSecurity to their families. Follow these easy steps to file EPF/EPS nomination digitally.” the retirement fund body said in a tweet and also shared a demonstration video showing the step-by-step guide on how to do it.
Worth mentioning here is that family members of EPF/EPS subscribers get family pension & insurance benefits in case of the untimely death of the member. EPFO is the country’s principal organization responsible for providing social security benefits to the organized/semi-organized sector workforce covered under the statute of EPF & MP Act, 1952.
Earlier this year, EPFO had raised the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme. In a gazette notification, EPFO said the minimum death insurance under EDLI scheme has been increased to Rs 2.5 lakh and the maximum to Rs 7 lakh, from the earlier limits of Rs 2 lakh and Rs 6 lakh, respectively.
Here is how to file EPF nomination digitally
1) Go to the official EPFO website.
2) Click on services and go to ‘For Employees’
3) Click on Member UAN/Online Service
4) Log in using your UAN and Password
5) Under the ‘Manage Tab’, select E-Nomination
6) Select ‘Yes’ to update the family declaration
7) Click on ‘Add Family Details’ (Note: You can add more than one nominee as well).
8) Select ‘Nomination Details’ to indicate the total amount of share and click on ‘Save EPF Nomination’
9) Generate OTP.
10) Enter the OTP sent to your registered mobile number linked with your Aadhdaar card
The process is now completed. Once the e-Nomination is completed, you will not require any more physical documents to carry.
