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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]
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 ...
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 ] Contribution
Time zone. UTC+5:30 (Sri Lanka Standard Time Zone) Gampola (Sinhala: ගම්පොල, Tamil: கம்பளை) is a town located in Kandy District, in Sri Lanka 's Central Province. The town is governed by an Urban Council. Gampola was made the capital of the island by King Buwanekabahu IV, who ruled for four years in the mid-fourteenth ...
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India. Employees Provident Fund (Malaysia) Employees Provident Fund Nepal. Employees' Provident Fund (Sri Lanka)
Sri Lanka: Coordinates: Current tenants: Employees' Provident Fund - Central Bank of Sri Lanka: Opened: 1908; 116 years ago () Renovated: 2011: Owner: Central Bank of Sri Lanka: Technical details; Floor count: five (with a basement) Floor area: 2,787 m 2 (30,000 sq ft) Design and construction
Public pension funds, or funds for retirement savings of people who work for a government employer or in the public sector .
Footnotes / references. [1] Commercial Bank of Ceylon PLC (CBC) also known as ComBank is a licensed commercial bank in Sri Lanka and its ownership is private. It was incorporated as a public limited company and it is listed on the Colombo Stock Exchange. It is regarded as the largest private bank in Sri Lanka in terms of net worth and capital. [2]