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Employees' Trust Fund

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to any moneys that he / she or any person on his / her behalf makes a claim thereto in the manner prescribed in the Act. No member of the Fund or other person claiming on behalf of such member shall have any interest in, or claim to, the moneys of the Fund otherwise than by, and except in accordance
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under the provisions of this Act to contribute to the Fund in respect of any employee employed by such employer, such employee shall then become and continue to be a member of the Fund so long as there is any sum to the credit of his individual account in the Fund. Persons who are
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Any employee can claim back for money once every five years during the period of employment or upon reaching the age of 60 years. Persons who due to leave the country permanently can claim before their departure. Cessation of employment due to permanent and total
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where only family members are employed are considered as the exempts of the Act. A membership statement of account will be issued to members before 30 September every year which contains details of annual interest, account balance etc.
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and On call allowance are exempted from the ETF. There is no recovery from the employee and the liability of this contribution lies solely with the employer. It shall be a condition of any employee’s
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for work is another point that the employee can claim for the ETF. In the event of the death of a member, the funds in the ETF account will be paid to the nominee and if there is no
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Scheme of maximum of 25,000 LKR and a Housing Loan Scheme of maximum of 50,000 LKR can be obtained during the membership period.
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of the employee from his employment on or before the last day of the succeeding month. If the employer delays in forwarding the
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The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per
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allowance, Festival allowance, Housing allowance, Travelling allowance (reimbursed) Hourly payment made to
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of cooked or uncooked food provided by the employer to employees, Meal allowance and Any other forms of
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19 - 23 Floors, "MEHEWARA PIYESA", P.O. Box 807, Kirula Road, Narahenpita, Colombo 05, Sri Lanka
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are also eligible to ETF membership on a voluntary basis. However the
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Ministry of Finance, Economic Stabilization and National Policies
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employing less than 10 employees, Industrial undertakings
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of maximum of 200,000 LKR, financial Assistance for
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Unsourced material may be challenged and removed. 1946: 840:programme established on 1 March 1981 under the 1281: 810: 149: 1052:of the member’s estate or to his/her heirs. 1030: 1023:with, the provisions of this Act or of any 1288: 1274: 817: 803: 135: 1447:Sri Lankan economic crisis (2019–present) 1215:"Scholars to the children of ETF members" 1076:of 150,000 LKR, financial Assistance for 117:Learn how and when to remove this message 1404:Public Utilities Commission of Sri Lanka 1080:operations of 150,000 LKR, 9000 LKR for 14: 1947: 1269: 1927: 1183:"Employees' Provident Fund Division" 55:adding citations to reliable sources 26: 1091:for each eye are magnificent. 3000 974:, then the employer is liable to a 493:Workers' right to access the toilet 24: 1768:Sri Lanka Interbank Payment System 1095:of 15,000 LKR each are awarded to 25: 2006: 1758:Institute of Bankers of Sri Lanka 1399:Ministry of Industry and Commerce 1060:Among the benefits, an automatic 955:in respect of holidays, The cost 1926: 1533:Ministry of Investment Promotion 1518:Board of Investment of Sri Lanka 1297: 1252: 388:Diversity, equity, and inclusion 257: 31: 18:Employees' Trust Fund (ETF) 855: 42:needs additional citations for 1442:Mahaweli Development programme 1232: 1207: 1189: 1175: 1161: 1147: 1129: 1099:who get through the Year Five 1044:, then it will be paid to the 438:Occupational safety and health 433:Occupational safety and health 13: 1: 1122: 923: 561:Chronological list of strikes 7: 1155:"EMPLOYEES' TRUST FUND ACT" 1110: 1103:with merit. A hospitalized 1064:Cover of maximum of 50,000 1055: 10: 2011: 1736:S&P Sri Lanka 20 Index 1523:Ceylon Chamber of Commerce 1169:"Major changes to ETF Act" 1922: 1910: 1872: 1813: 1711: 1696:Lanka Electricity Company 1633: 1548: 1541: 1510: 1455: 1429: 1375:Central Bank of Sri Lanka 1365: 1310: 1117:Employees' Provident Fund 830:The Employees' Trust Fund 524:International comparisons 458:Right to rest and leisure 398:Employment discrimination 222: 210: 202: 194: 173: 165: 157: 150: 143: 134: 130:The Employees' Trust Fund 1691:Ceylon Electricity Board 1328:By market capitalisation 1068:, a permanent and Total 1031:Claim back possibilities 309:Social movement unionism 1995:Retirement in Sri Lanka 1980:Employment compensation 1960:Government of Sri Lanka 1101:Scholarship examination 519:Trade union federations 514:Trade unions by country 198:Government of Sri Lanka 66:"Employees' Trust Fund" 1916:International rankings 1860:Science and technology 1753:Information technology 1731:Colombo Stock Exchange 418:Freedom of association 289:Exploitation of labour 179:Dr. Nihal Jayathilaka 1741:All Share Price Index 903:, or persons who are 844:No.46 of 1980 by the 403:Employment protection 383:Collective bargaining 1304:Economy of Sri Lanka 1197:"Statutory Benefits" 990:or night allowance, 764:Industrial relations 753:Academic disciplines 349:National-syndicalism 319:Democratic socialism 51:improve this article 1387:Ministry of Finance 1240:"Claiming your ETF" 1070:Disability benefits 344:Anarcho-syndicalism 131: 1985:Employee relations 1783:SriLankan Airlines 1683:Telecommunications 1027:made there-under. 932:(3%) of the total 453:Professional abuse 129: 1942: 1941: 1868: 1867: 1763:Port City Colombo 1392:Finance ministers 1137:"Welcome To ETFB" 1078:Kidney Transplant 967:according to the 936:including Wages, 879:Domestic servants 827: 826: 784:Post-work society 613:Solidarity action 423:Legal working age 279:Conflict theories 232: 231: 190: 127: 126: 119: 101: 16:(Redirected from 2002: 1990:Wills and trusts 1930: 1929: 1546: 1545: 1409:Sri Lankan rupee 1347:Government-owned 1302: 1301: 1290: 1283: 1276: 1267: 1266: 1262: 1260:Sri Lanka portal 1257: 1256: 1255: 1244: 1243: 1236: 1230: 1229: 1227: 1226: 1217:. 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Employees' Trust Fund (ETF)

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