Category: Economy
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Sri Lanka looking at providing regular pension through EPF: Deputy Labour Minister
Sri Lankan authorities are currently exploring the feasibility of offering a regular pension, or annuity, to contributors of the Employees Provident Fund (EPF), according to Deputy Labour Minister Mahinda Jayasinghe. Presently, the EPF is disbursed as a lump sum upon reaching retirement age. “We are examining the potential to provide a pension,” Jayasinghe informed parliament