Monday, 10 May 2021 08:48

EPF to be revamped to a part-pension fund Featured

Private sector employees are to be given pension rights under a new move by the government to amend the Employment Provident Fund Act.

The EPF and Employees’ Trust Fund (ETF) are to be transformed into a part-pension fund functioning under the Treasury; official sources said adding that the Finance Ministry has been directed to work out modalities of the pension scheme.

 

 

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