It is a scheme where both employees and employers contribute a portion of the employee's basic salary to a long-term savings ...

Government pension schemes play a vital role in ensuring the financial security and stability of individuals after retirement ...

Mandatory for Online Claims: As per EPFO guidelines, filing an online withdrawal claim requires an updated nomination. - Visit EPFO’s Unified Member Portal. - Log in using your Universal Account ...

Before you can even start looking at navigating accidental death for double indemnity clauses, you need to file a wrongful death claim. If you lose a loved one in an accident caused by someone’s ...

The $355bn AustralianSuper took between four months and four years to assess at least 6,897 death benefit claims over the five years to October 2024, according to documents filed in the Federal Court.

Australian Super is being sued by ASIC for failing to process thousands of death benefit claims "efficiently, honestly and fairly" between July 2019 and October 2024. It comes after ASIC sued ...

EPFO has revised EDLI death benefits, ensuring coverage despite employment gaps and allowing claims for non-contributory period deaths. Over 14,000 families will benefit. Additionally, EPF savings ...

The Employees's Provident Fund Organisation (EPFO) has announced major changes to its Employees' Deposit Linked Insurance (EDLI) scheme. The revisions are aimed at providing better financial ...

1. One of the biggest changes in the EDLI scheme 2024 is that families of deceased EPF members can now claim death benefits even if the member had a non-contributory period before passing away.

“Despite some improvement, we were not satisfied the backlog was reducing fast enough, so we made the significant decision to bring the processing of death claims in-house.” AustralianSuper ...

Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has ...