|Thursday, 25 September 2003|
CEB to continue with private EPF scheme
by Rashomi Silva
The Ceylon Electricity Board (CEB) will continue to maintain it's own Employees Provident Fund (EPF) after the restructuring of the CEB in December.
Power sector reforms chief Nihal Wickramasuriya told the Daily News yesterday that after consulting the Attorney General and the Labour Commission, the proposed seven companies which will replace the CEB were granted permission to continue with its private EPF scheme. "CEB had been maintaining its own separate fund of the EPF monies, a privilege granted to few institutions.
The CEB employees were very particular that even after the restructuring that the status quo remains the same," he said.
The Reform scheduled to take off the ground early next month, had to be put off till mid December due to the non appointment of the Public Utility Commission (PUC), the watchdog body supervising activities of all public utilities providing institutions. Meanwhile, a CEB trade union official said the workers' protests too had it's impact on the postponement of the reforms programme.
"However we are expecting to sign a collective agreement with the reforms office to safeguard our rights and privileges under the new companies," he said.
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