Employees' Provident Fund, Sri Lanka
 Logo of the Central Bank of Sri Lanka | |
| Agency overview | |
|---|---|
| Formed | 1958 |
| Preceding agency |
|
| Jurisdiction | Central Bank of Sri Lanka |
| Headquarters | Central Bank of Sri Lanka, 30, Janadhipathi Mawatha, Colombo 01. |
| Parent agency | Ministry of Finance |
| Website |
www |
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 the Act No. 15 of 1958,[1] and as at December 2010, it had LKR 899.6 billion, which is equivalent to 16% of the GDP.[2] The EPF offers a joint action plan by the employer and the employee to save money by targeting retirement and future to the government as well as private sector.
References
- ↑ "Employees’ Provident Fund Division". Department of Labour, Sri Lanka. Retrieved 19 March 2016.
- ↑ "Editorial - EPF money is sacred: Stop this gambling". Daily Mirror, Sri Lanka. Retrieved 19 March 2016.
External links
This article is issued from Wikipedia - version of the Saturday, March 19, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.