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Minister of Labour and Overseas Employment Manusha Nanayakkara stated that the Division of Labour has been instructed to implement a system the place non-public sector staff can themselves get membership of the Provident Fund.
If an organisation has not referred the involved worker as a member of the Provident Fund, the worker can go on to the Labour Division and get the membership of the Provident Fund by filling an utility type.
Thereafter, the Division of Labour will inform the related establishment to levy the Provident Fund contribution.
The Minister additionally stated that a lot of the circumstances heard within the courts are associated to the Worker Provident Funds and this might be largely prevented beneath the brand new system. Statistics from the Division of Labour revealed that three years in the past there have been over 94,000 organisations that paid Provident Fund advantages, however that quantity has decreased to just about 80,000.
It has additionally been reported that establishments usually are not registered to credit score Provident Funds for almost all of personal sector staff.
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