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The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [4]
Sri Lanka Freedom Party: D. S. Goonesekera: Sri Lanka Freedom Party: 28 May 1963: 25 March 1965: Minister of Labour and Social Services: M. H. Mohamed: United National Party: 25 March 1965: 29 May 1970: Dudley Senanayake: Minister of Labour, Employment and Housing: M. P. de Zoysa: Sri Lanka Freedom Party: 29 May 1970: 23 July 1977: Sirimavo ...
Organised labour. The Employees' Trust Fund ( ETF) is a social security programme established on 1 March 1981 under the Act No.46 of 1980 by the Parliament of the Sri Lanka. [1]
Private provident funds existed in the private sector, with some companies contributing on a voluntary basis until 1958, when the Employees' Provident Fund was established by S. W. R. D. Bandaranaike following the enactment of the Employees' Provident Fund Act No 15 of 1958 which established the Employees' Provident Fund which made it compulsory for all employers and employees to contribute if ...
Central Bank of Sri Lanka; Credit Information Bureau; Department of Excise; Development Lotteries Board; Employees’ Trust Fund Board; Housing Development Finance Corporation Bank; Imports and Exports Control Department; Inland Revenue Department; Insurance Board of Sri Lanka; Kandurata Development Bank; Lanka Puthra Development Bank; National ...
VK identified that the Employment provident fund (EPF) is different from the service gratuity. He note this point to the Labour Department and filed a case at supreme court and he won for the voices of laborers. Aftermath VK's era the NUW fallen it decrees of members. In this time p. Thigambaram elected as President of this Trade Union.
The Ministry of Social Empowerment, Welfare and Kandyan Heritage is the central government ministry of Sri Lanka responsible for social services, social welfare and Kandyan heritage. The ministry is responsible for formulating and implementing national policy on social empowerment and welfare and other subjects which come under its purview. [ 1]
July 26, 2024 at 12:49 PM. By Tom Hals. WILMINGTON, Delaware (Reuters) - A U.S. judge has blocked a Department of Labor rule from taking effect that would have expanded the types of retirement ...