Employees' Pension Scheme & Deposit Linked Insurance (EPS & EDLI)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: www.epfindia.gov.in Authority: Ministry of Finance • State/Region: Central Scheme (All India) • Last Audited: 11 Sep 2026
Quick AI Summary
Statutory social security scheme administered by the Employees' Provident Fund Organisation (EPFO) providing pension benefits and a life‑insurance cover to employees in the organised sector.
Detailed Summary
Scheme Overview
The Employees' Pension Scheme (EPS) and Deposit Linked Insurance (EDLI) are statutory components of the Employees' Provident Fund (EPF) administered by the EPFO under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. Contributions are mandatorily deducted from both employer and employee wages; a defined portion is allocated to EPS for pension accrual, while the EDLI component provides a non‑contributory life‑insurance cover to eligible members.
Contribution Mechanics
Employers contribute 12% of the employee’s basic wages plus dearness allowance to the EPF. Of this, 8.33% (subject to a wage ceiling of Rs. 15,000 per month) is diverted to EPS, and the remaining 3.67% is retained in the EPF. The EDLI cover is funded entirely by the employer at a rate of 0.5% of the employee’s wages, up to a maximum of Rs. 7 lakh.
Pension Eligibility
Members become eligible for a monthly pension upon attaining the age of 58, provided they have completed a minimum of ten years of credited service. The pension amount is calculated on the basis of the average salary drawn during the last 60 months of service and the total pensionable service rendered.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Minimum Age Limit | 18 Years or above |
| Physical Disability | Not Restricted (Anyone can apply) |
| Domicile State | All India (Central Scheme) |
Application Process Guide
- Verify EPF account status and service credit through the Member e‑Sewa portal.
- Submit pension claim online via the EPFO portal, uploading required documents (service certificate, identity proof, bank details).
- For EDLI claims, the nominee files an online claim accompanied by death certificate and relationship proof.
- EPFO processes the claim and disburses pension or insurance amount directly to the bank account on record.
Common FAQs regarding this Yojana
Eligible permanent residents meeting the specified domicile, income, and category criteria can submit an application along with verified credentials.
Key mandatory documents include Aadhaar Card, Residence/Domicile Certificate, Income Certificate, and active Bank Account Passbook.
Benefits are directly credited to the beneficiary's Aadhaar-seeded bank account through the Public Financial Management System (PFMS) / DBT.
Applicants can track status in real-time by logging into the official portal using their Application Reference Number.