Employees’ Provident Fund Division

Empower your workforce with EPF, a foundation for financial security and a brighter tomorrow Department of Labour Join hands with us to build a robust EPF fund, ensuring a stable and prosperous future for all Department of Labour

Introduction

The Employees’ Provident Fund was established under the Employees’ Provident Fund Act No. 15 of 1958 as a mandatory contribution retirement scheme for private and semi-government sector employees who are not entitled to government pension benefits.

The primary objective of the EPF is to ensure the social security of Sri Lanka by providing financial stability to employees during their retirement.

As per the Employees’ Provident Fund Act, employees are required to contribute a minimum of 8%, and employers are obligated to contribute a minimum of 12% of the total earnings of the employees’ monthly salary to the fund. This combined contribution of 20% aims to build a comprehensive retirement fund.

The Employees’ Provident Fund goes beyond offering retirement benefits; it also facilitates employees with pre-retirement benefits through a housing loan scheme and allows for a 30% partial withdrawal for housing and medical needs.

Within the Employees’ Provident Fund division, seven branches are maintained to ensure better service for its members.

Branches under the Employees’ Provident Fund Division and Their Functions

✔ Employees Provident Fund Administration Branch
✔ Employees Provident Fund Information Technology (IT) Branch
✔ Employees Provident Fund Claim Branch
✔ Employees Provident Fund Pre-retirement Benefit (30%) Branch
✔ Employees Provident Fund Recovery Branch

• • • Employees Provident Fund Registration Branch
    • Approved Provident Fund Branch (APF)

    ✔ Employees Provident Fund Death Claim (L) Branch
    ✔ Employees Provident Fund Central Filing Section ( Member Information Registration and Amendment Section )

    

    Employees’ Provident Fund Administration Branch

    ✔ All administrative work of the Employees Provident Fund Division.

    ✔ Functions related to “M” forms (Permanent Disability)

    ✔ Functions related to appeals on housing loan guarantee

    ✔ Public complains handling

    ✔ Maintaining public help desk for inquiries on EPF

    Employees Provident Fund Claim Branch

    ✔ Refund EPF retirement benefits of members residing in Colombo
    ✔ Refund EPF retirement benefits on the basis of securing permanent residency in another country
    ✔ Refund EPF retirement benefits of employees of the Ceylon Petroleum Corporation and the Ports Authority of Sri Lanka

    Employees’ provident fund 30% pre-retirement benefit

    Handling refund applications of 30% pre-retirement EPF benefit for the members residing in Colombo area.
    Please read guidelines for more information.

    Employees Provident Fund Recovery Branch

    ✔ Monitoring of EPF recovery
    ✔ Monitoring of the clearance of Commissioner of Labour account
    ✔ Clearance of General Deposit of District Labour Officers in Colombo District
    ✔ Refund of overpaid contributions (within one year of payment)
    ✔ Providing instructions of EPF recovery
    ✔ Issuance of clearance letters for annual security certificates
    ✔ Monitoring of complains of EPF
    ✔ Approving installment payments for calculated of EPF arrears

    Employees Provident Fund Company Registration Branch

    ✔ Registration of Employers within Colombo District
    ✔ Amendments of registered company information

    Approved Provident Fund (APF) Branch

    ✔ Supervision of approved provident funds and contributory pension scheme.
    ✔ Transfer Approved Provident Fund to Employees’ Provident Fund when required.
    ✔ Handling complains on APF