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Sri Lanka's cabinet of ministers had cleared a proposal to allow companies in oil producing countries to distribute fuel as the country is in the grip of a monetary meltdown triggered by mis-targeting of interest rates by a intermediate regime central bank.
Labour Minister Nimal Siripala de Silva says a special programme would be implemented next week to vaccinate all Lankan migrant workers waiting to leave for foreign jobs with valid visas with vaccines approved in the host countries. Minister Silva said that already nearly 8,000 Lankan workers who had been granted work permits and visas in about 15 countries were waiting to receive a vaccine accepted by those countries. The Minister made the announcement at a discussion held with Health Minister Pavithra Wanniarachchi and other officials at the Health Ministry. Those migrant workers are expect...
Labour Minister Nimal Siripala de Silva said an employee has the preferential right to obtain his EPF and ETF deposits after completing service at 55 or to serve up to 60 years. The Government’s Budget 2021 proposed to raise the retirement age for the purpose of the Employment Provident Fund to 60 and remove the disparity between men and women.
Confusion over retirement age View(s): The National Labour Advisory Council (NLAC), a tripartite body, is meeting next week to discuss with stakeholders a host of matters including the recent budget proposal to alter the age of retirement, a proposal that has caused a lot of confusion and anxiety and raised questions as to whether the government wants to dip into the Employees Provident Fund (EPF) for state spending. Labour Ministry Secretary M.P.D.U.K. Mapa Pathirana said several matters would be taken up at the NLAC’s monthly meeting. “We will be discussing many issues ...