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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [8] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
Parent. Ministry of Finance. Website. epf.lk. The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of ...
The same year the present Karmachari Sanchaya Kosh (KSK), or Employees Provident Fund (EPF) in English, was established under the act as an autonomous provident fund organization. After the establishment of EPF, the erstwhile Sainik Drabya Kosh, Nijamati Provident Fund and Provident Fund Department were merged into the EPF. [ 4 ]
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European Peace Facility. The European Peace Facility (EPF) is a European Union financing instrument set up in March 2021 under the leadership of HRVP Josep Borrell, which aims towards the delivery of military aid to partner countries and funds the deployment of EU military missions abroad under the Common Foreign and Security Policy (CFSP). [1 ...
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The Spearhead-class expeditionary fast transport (EPF) is a United States Navy –led shipbuilding program to provide a high-speed, shallow draft vessel intended for rapid intra-theater transport of medium-sized cargo payloads. The EPFs can reach speeds of 35–45 knots (65–83 km/h; 40–52 mph), and allow the rapid transit and deployment of ...