Contributory pension fund for new State workers

Free and Open Access to

Public Finance Data and Analysis

data-chart

Contributory pension fund for new State workers

The Cabinet of Ministers at its meeting on Monday has cleared a proposal by President Ranil Wickremesinghe to prepare a law to set up a contributory pension fund for new public sector employees.

https://www.ft.lk/front-page/Contributory-pension-fund-for-new-State-workers/44-745819

Daily FT

2023-03-07

Related News and Insights

Government introduces new expenditure and relief t...

On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...

Public debt grew more slowly in the first three qu...

Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.

SL exits ’Restricted Default’ rating

Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...