Sri Lanka EPF & ETF Calculator
Official statutory deductions under Employees' Provident Fund (EPF) Act No. 15 of 1958 & Employees' Trust Fund (ETF) Act No. 46 of 1980. Includes Central Bank (CBSL) retirement corpus compounding.
Earnings Subject to EPF/ETF
Contractual base salary agreed in letter of appointment
Statutory allowance under National Minimum Wage / Budget Relief Acts
Attendance, designation, or fixed food allowances liable for EPF
Statutory Breakdown
Remitted monthly to CBSL (EPF) & ETF Board before the last day of following month
Complete Legal Guide: EPF & ETF in Sri Lanka
The social security architecture of Sri Lanka's private and semi-government workforce is anchored on two mandatory statutes:
| Statutory Scheme | Governing Legislation | Administering Body | Employee Rate | Employer Rate |
|---|---|---|---|---|
| EPF (Employees' Provident Fund) | EPF Act No. 15 of 1958 | Central Bank of Sri Lanka & Dept. of Labour | 8.0% | 12.0% |
| ETF (Employees' Trust Fund) | ETF Act No. 46 of 1980 | Employees' Trust Fund Board (ETFB) | 0.0% (Free) | 3.0% |
What Earnings are Liable for EPF/ETF?
- Included (Liable): Basic Salary, Cost of Living Allowance (COLA), Special Living Allowance, Budget Relief Allowance, Food Allowances, Attendance Allowance (if guaranteed), Commissions (fixed).
- Excluded (Exempt): Overtime pay (SOEA 1.5x), Discretionary Annual Performance Bonus, Travelling Allowances, Reimbursement of actual expenses, Gratuity upon termination.
Withdrawal Grounds for EPF & ETF
- Age Retirement: Men upon reaching 55 years; Women upon reaching 50 years (or 55 under modern SOEA equal age amendments).
- Marriage (Women): Female employees within 3 months of marriage or cessation of employment due to marriage.
- Permanent Emigration: Leaving Sri Lanka permanently with permanent residency / citizenship abroad.
- Permanent Disability: Medically certified inability to work.
- ETF Benefit Claims: ETF member funds can be claimed once every 5 years even during active employment if changing employers, plus medical/surgical financial assistance and life insurance.
📊 Sri Lankan Statutory Comparative Matrix (IRD, CBSL & Legal Breakdown)
| Statutory Heading / Obligation | Calculated Amount |
|---|---|
| Primary Settlement / Net Amount | LKR 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Sri Lankan Statutory Compliance Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.