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Labour Advisory Council reconvenes, focuses on amendment to EPF Act

The National Labour Advisory Council reconvened on Thursday (30) at the Labour Secretary’s Office in Narahenpita, during which a discussion was held on proposing amendments to the Employees’ Provident Fund (EPF) Act. The meeting was attended by representatives from the Lanka Employers’ Federation and various trade unions. During the discussion, key suggestions were made regarding the amendments to the Employees’ Provident Fund Act, including: Updating the surcharge mechanism to make it more beneficial for EPF members Introducing direct loans to members from the EPF itself, rather than through banks Addressing and discussing gender-based disparities in provisions within the EPF Act…

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