Govt. once again trying to swindle EPF monies says TU

Srilankamirror - The Inter Company Employees’ Union (ICEU) says the government is trying once again to swindle monies in the Employees’ Provident Fund (EPF).

The Union notes that the government has found a new way to take the EPF monies after the first attempt by the government to swindle the monies failed due to workers’ protests.

Head of the ICEU, Wasantha Samarasinghe said the government first attempted to swindle the EPF monies through the private sector pension’s bill.

The legislation was withdrawn due to massive protests by the workers.

He noted that the government was now trying to swindle the monies by introducing amendments to the EPF Act.