1. What Is EDLI Calculator In EPFO?

Definition: This calculator estimates the Employees' Deposit Linked Insurance (EDLI) amount based on the average salary under the Employees' Provident Fund Organization (EPFO) scheme.

Purpose: It helps employees and employers determine the insurance coverage amount provided under the EDLI scheme.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• EDLI — Employees' Deposit Linked Insurance amount ($)
• Average Salary — The average monthly salary of the employee ($/month)

Explanation: The EDLI amount is calculated as 35 times the average monthly salary of the employee, as per EPFO guidelines.

3. Importance of EDLI Calculation

Details: EDLI provides life insurance protection to EPF members. Proper calculation ensures beneficiaries receive the correct insurance amount.

4. Using the Calculator

Tips: Enter the average monthly salary in dollars. The value must be > 0.

5. Frequently Asked Questions (FAQ)

Q1: What is the maximum EDLI benefit?
A: Currently, the maximum EDLI benefit is $700,000 (35 times the maximum average salary of $20,000).

Q2: How is average salary calculated for EDLI?
A: It's the average monthly salary drawn during the 12 months preceding the month of death.

Q3: Who is eligible for EDLI?
A: All EPF members are covered under EDLI scheme automatically.

Q4: Is there any minimum EDLI amount?
A: Yes, the minimum EDLI benefit is $35,000 even if the calculated amount is lower.

Q5: Are there any exemptions from EDLI?
A: Establishments exempted under EPF Scheme can apply for EDLI exemption separately.