Cabinet clears drafting of Bill to amend EPF Act

The Cabinet of Ministers on Monday approved the drafting of legislation to amend the Employees’ Provident Fund (EPF) Act, paving the way for reforms aimed at modernising the administration of Sri Lanka’s largest retirement savings scheme and strengthening safeguards for its members. Addressing the media, Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said yesterday that the Legal Drafts ..