personal finance

EPFO sets up relief fund for family of employee who died due to the coronavirus


Retirement fund body Employees Provident Fund Organisation has announced an ex-gratia death relief fund of Rs 10 lakh to the family of its deceased employee in the event of death of an employee of the central board due to COVID-19, EPFO said in a statement.

The decision has been taken in the wake of provident fund and pension services been declared as essential during the nationwide lockdown since March 23.

Consequently, pan India staff of EPFO has been attending office on rotational basis, complying with the standard operating procedures for office to contain the spread of the pandemic.

At present uniform death relief fund of Rs 3.9 lakh is paid in case of death of an employee of the central board.





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