Short Message Service for ETF Members | Daily News


 

Short Message Service for ETF Members


The Cabinet of Ministers approved the proposal submitted by the Minister of Skills Development, Employment and Labour Relations for the implementation of mobile short message system for immediately informing the deposit of monthly contribution by the members of Employees’ Provident Fund.

The number of employees permanently holding the membership of the Employees’ Provident Fund (EPF) amounts to 2.6 million at present. According to the existing methodology, the members of EPF have to wait for up to 6 – 12 months to know whether their contribution has been deposited in the fund whereas the members constantly confront with numerous issues relevant to accounting of


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