Monday, November 16, 2015

Choice to consolidate EPF, ETF restricted

Private division exchange union pioneers charge they have not been counseled in the administration choice to combine the EPF and the ETF, the two greatest assets in the nation, to shape a national annuity tip asset, as indicated by "Ravaya."

They say they will talk about and make a move against the choice contained in the center term financial vision displayed by leader Ranil Wickremesinghe a week ago.
Pioneers of exchange unions in the state, semi-government and private segments say they emphatically contradict the choice taken without being counseled.





Convener of the state, semi-government and private segment exchange unions league Kesara Kottegoda Vithana said the World Bank and the IMF have been pressurizing the administration to contribute cash fitting in with the EPF, the greatest asset in South Asia, in the private segment.

Keeping in mind the end goal to do as such, Mahinda Rajapaksa attempted to change the laws, yet fizzled due resistance by the working individuals, he said.

In any case, Rajapaksa and Ajith Nivard Cabraal had duped the asset.

The present government as well, is attempting to change the laws by guaranteeing to make the two assets more secure.

Giving over obligation to parliament is not the genuine arrangement, he said.

TU pioneers said the National Labor Advisory Council would meet and examine how to make their restriction known.

They have likewise chosen to educate the executive in expounding on their restriction to consolidate the two assets.

Since laborers have the total rights over the EPF and the EPF, they ought to be counseled when taking any choice.

Their delegates ought to be a piece of the organization process and move ought to be made against the extortion that has occurred, said TU pioneers.

In the interim, a definitive meeting will happen with respect to this issue, went to by the TUs and the PM.