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 Date: 2012-02-21   Answered 

2058/2012: Employees Provident Fund - Fund Management Activity

2058/’11

Hon.   (Dr.) Harsha De Silva,— To ask the Minister of Finance and Planning,—

(a) Is he aware that the management activity of the Employees Provident Fund (EPF) is undertaken by the Monetary Board of the Central Bank of Sri Lanka?

(b) Will he state whether —

(i) the fund management of the EPF is conducted at the direction of the Investment Committee in accordance with the Investment Policy Statement with the approval of the Monetary Board;

(ii) the Investment Committee meets on a regular basis to evaluate the investment proposals presented by the Fund Management Division of the EPF Department;

(iii) the investment decisions are made according to the investment policy of the EPF ; and

(iv) the minutes of the meetings of  Investment Committee for the last two years are tabled?

(c) Will he state pertaining to the Investment Committee for last two years-

(i) the names and the date of appointments of all members; and

(ii) the dates that the meetings were held along with members present?

(d)  If not, why?

 

Asked Date

2012-02-21

Asked by

Hon. (Dr.) Harsha de Silva, M.P.

Ministry

Finance and Planning

Legislature

Seventh Parliament of the D.S.R. of Sri Lanka

Session

First Session

Question History





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