Pension scheme for private sector

22 November 2010 09:33 am - 8 - {{hitsCtrl.values.hits}}

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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)

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Comments - 8

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.

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 !

Ranjit Monday, 22 November 2010 12:46 PM

The government will benefit before the pensioner.

Sean Monday, 22 November 2010 01:02 PM

must be to finance mihin air...

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.?

Dee Monday, 22 November 2010 06:00 PM

So the EPF & ETF ? where have they gone?? Bourse?

Concerned Citizen Monday, 22 November 2010 06:04 PM

Yes, they have found a way to steal the private sector employees' retirement benefits!

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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Pension scheme for private sector

Comments - 8

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