A pension scheme for the private sector employees will be put in place, with 2% contribution from the employee and employer each, the President proposed during the Budget speech. (KB/YP)
Comments - 8
Comments - Pension scheme for private sector
bigsam Monday, 22 November 2010 12:10 PM
We already have not 1 but 2 useless pension schemes. Why don't they just be honest and say they need more money to pay the salaries of the jumbo 90 man ministerial cacophony.
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Calistus Jayatilleke Monday, 22 November 2010 12:31 PM
So that's the end of the poor private sector workers' EPF and ETF monies. Daylight robbery !
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Ranjit Monday, 22 November 2010 12:46 PM
The government will benefit before the pensioner.
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Sean Monday, 22 November 2010 01:02 PM
must be to finance mihin air...
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Sadarana Kota Monday, 22 November 2010 03:52 PM
Are they going to stop paying the EPF at retirment and spread it as pension?... Or else EPF at retirement and pension everymonth after retirement.?
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Dee Monday, 22 November 2010 06:00 PM
So the EPF & ETF ? where have they gone?? Bourse?
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Concerned Citizen Monday, 22 November 2010 06:04 PM
Yes, they have found a way to steal the private sector employees' retirement benefits!
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Knight Rider Tuesday, 23 November 2010 03:22 AM
I take this as in addetion to the EPF & ETF we are entitled for.
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