Sri Lanka, Jan. 23 -- The government has focused on providing a pension to the employees in the private sector and the semi-government sector, Deputy Minister of Labor Mahinda Jayasinghe said.
He made these remarks in Parliament today (23):
"I clearly stated the difference between the EPF and ETF funds. I did not say that we will convert the EPF into a pension. That statement was misreported," the Deputy Minister said.
He stressed that the EPF remains a social security fund, adding that the government's focus is on providing a separate pension scheme for workers in the private and semi-government sectors.
"I did not say that the EPF would be converted into a pension," he reiterated.
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