Description :

This Monograph which represents the fifth in the series of Monographs published by the author for the Employers’ Federation of Ceylon, covers the legal provisions relating to three forms of superannuation applicable to the private sector in Sri Lanka, namely, Provident Fund, Trust Fund and Gratuity.

Content :

Preface to Third Edition
Introduction
Chapter – 1
Employees’ Provident Fund
Employments and Persons covered
Contributions and Total Earnings
Surcharges
Loans from Provident Fund
Payment of Benefits
Change of Employment
Approved Provident Funds and Pension Schemes
EPF (Special Provisions) (Amendment) Act No.55 of 2009
Determination of Claims
Records and Returns
Offences and Penalties
Forms
Chapter – 2
Employees’ Trust Fund
Composition of the Board
Objects of the Board
Powers and Duties of the Board
Date of Commencement of Liability
Employers Covered
Employees Covered
Contributions
Surcharge
Payment of Benefits
Reduction of Earnings
Dividends and Interest
Powers of Inspection
Offences and Penalties
Forms and Other Matters
Chapter – 3
Gratuity

1. Plantations Sector

Part I
Scope
Labourers
Workers other than Labourers
When Payment due
Effect of Death
Employees not entitled
Commissioner of Labour’s Powers
Gratuity – A charge on Compensation
Part II
Scope
A Workman who is covered by both Parts I and II
Part III
Amendments to the Land Reform Law and the Land Acquisition Act

1. Industrial and Commercial Sector (Non-Plantation)

Employers covered
Employees covered
Employees covered and entitled to Gratuity
Circumstances in or events on which gratuity is payable
Time within which gratuity is payable
Surcharge
Quantum of Gratuity
Earnings on which gratuity is payable where more favourable payments exist
Forfeiture of Gratuity
Jurisdiction of Labour Courts
Workmen entitled to Gratuity from two employers
Alienation of establishment
Miscellaneous Provisions
Gratuity to employees not covered by the Act
Some non-legal issues
Chapter – 4
Pensions