EMPLOYEES’ PROVIDENT FUND ACT NO.15 OF 1958

Once again, we annex herewith a letter sent by the EFC dated 21st April 2008 to the Hon. Minister of Labour Relations and Manpower consequent to a meeting of the National Labour Advisory Council, at which matters relating to reviewing EPF benefits were discussed. The thrust of our submissions is that what needs to be done is not to increase rates of contribution but ensure that employees receive adequate return on their investments through this superannuation benefit.

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