Harim Peiris

Political and Reconciliation perspectives from Sri Lanka

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Archive for June 16th, 2011

The Private Sector Pension Proposal – An Analysis

Posted by harimpeiris on June 16, 2011

Roshen Chanaka, a twenty two year old free trade zone worker has already paid the supreme sacrifice in the defense of and in defiance against the proposal to tinker with the EPF and ETF systems in the form of a pension scheme for private sector workers. The large scale protests, the shooting dead of a young demonstrator, the strong protest by the German Ambassador of the police assault on workers inside German investor factories, the consequent early retirement of the Inspector General of Police, the incoherence of the minister concerned regarding the proposal, the mixed messages from various government spokespersons, the sudden presidential decision to exempt free trade zone workers from the scheme, the lack of public information on the proposal as a whole and the strong caution by employer groups with regards the same, makes the proposed private sector pension scheme the most relevant and dominant topic in the public policy arena and an essential issue that needs close examination in the public interest.

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