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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
Development Lotteries Board; Employees Trust Fund Board; Housing Development Finance Corporation of Sri Lanka; Janatha Estates Development Board; Lady Lohore Loan Fund; Local Loans & Development Fund; National Film Corporation of Sri Lanka; National Institute of Business Management; National Livestock Development Board; National Lotteries Board ...
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 ]
The government refuted the allegations said that the trust only provides funds to retired teachers. [7] Non government teachers contribute six percent of their salaries to the trust for a retirement fund that will be available to them after retirement and with additional funding from the government of Bangladesh.
Employee trusts exist for many purposes and have a wide range of titles. If the terms of the trust meet requirements prescribed by tax or other regulations, then the employee trust is likely to be known by the name given in the relevant regulations, for example, a share incentive plan or an employee stock ownership plan.
In August 2019, Prime Minister Sheikh Hasina provided 250 million taka to the board. [7] According to a report on 4 October 2020 by the Daily Sun, 42, 433 applications from teachers for their pensions are pending with the Non-Government Employee Retirement Benefits Board and the Non-government Teachers and Employees Welfare Trust. Sharif Ahamed ...
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State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of Investment: $80,486 $76,361 N/A N/A 13 Virginia Retirement ...