EPF ETF Calculator Sri Lanka 2026
Calculate contributions and retirement benefits
Quick Answer
EPF: Employee 8% + Employer 12% = 20% total contribution. ETF: Employer 3%. Example LKR 100,000 salary: Employee EPF LKR 8,000, Employer EPF LKR 12,000, Employer ETF LKR 3,000. Total employer cost: 15%. EPF grows at 9-12% annual interest. Withdraw at retirement age 55 (women)/58 (men). 30-year career can accumulate LKR 8-12 million.
EPF ETF Contribution Calculator
| Gross Salary (LKR) | Employee EPF (8%) | Employer EPF (12%) | ETF (3%) | Total Monthly |
|---|---|---|---|---|
| 50,000 | 4,000 | 6,000 | 1,500 | 11,500 |
| 75,000 | 6,000 | 9,000 | 2,250 | 17,250 |
| 100,000 | 8,000 | 12,000 | 3,000 | 23,000 |
| 150,000 | 12,000 | 18,000 | 4,500 | 34,500 |
| 200,000 | 16,000 | 24,000 | 6,000 | 46,000 |
Frequently Asked Questions
What is EPF and ETF in Sri Lanka?
EPF (Employees Provident Fund) is a retirement savings scheme where employee contributes 8% and employer 12% of salary (total 20%). ETF (Employers Trust Fund) is employer contribution of 3% for employee welfare. Both are mandatory for private sector employees. Managed by Central Bank and Labour Department respectively. Provides retirement security and benefits.
How to calculate EPF contribution?
EPF calculation: Employee contributes 8% of gross salary. Employer contributes 12% of gross salary. Total EPF: 20% of gross salary. Example: LKR 100,000 salary = Employee LKR 8,000, Employer LKR 12,000, Total LKR 20,000 monthly. Calculation based on basic salary plus fixed allowances. EPF ceiling applies to high earners.
What is ETF contribution rate?
ETF contribution rate is 3% of gross salary paid entirely by employer. Employee does not contribute to ETF. Example: LKR 100,000 salary = Employer pays LKR 3,000 ETF monthly. ETF provides welfare benefits, training fund, and employee protection. Total employer cost: 15% (12% EPF + 3% ETF). ETF managed by Ministry of Labour.
How much EPF will I get at retirement?
EPF retirement benefit depends on contributions and interest. Example: 30 years, LKR 80,000 average salary, 8% employee contribution = LKR 2.3 million employee share + interest. Total with employer share and compound interest: LKR 8-12 million depending on interest rates. EPF interest rate: 9-12% annually. Use EPF calculator for personalized estimate.
When can I withdraw EPF?
EPF withdrawal rules: Age 55 for women, Age 58 for men (retirement age). Early withdrawal allowed: Permanent disability, Terminal illness, Migration (with proof), Death (to nominees). Partial withdrawal: 7 years before retirement for housing, medical treatment. Cannot withdraw while employed except specific circumstances. Full withdrawal requires cessation of employment.
Can I withdraw EPF while working?
Generally cannot withdraw EPF while employed. Exceptions: After 10 years of contributions, can withdraw up to 50% for housing purchase, medical treatment (approved hospitals), or higher education of children. Must maintain minimum balance. Advances allowed for specified purposes. Check with Labour Department for specific conditions.
What is the EPF interest rate?
EPF interest rate varies annually: 2024: 11%, 2023: 9.5%, 2022: 9%. Historical average: 10-12%. Interest credited annually in January. Higher than bank savings rates. Tax-free returns. Interest calculated on monthly balance. EPF investment in government securities ensures safety with competitive returns.
How to check EPF balance?
Check EPF balance: Visit nearest EPF office with ID, Online through Central Bank EPF portal (register with EPF number), Labour Department mobile app, SMS service (type EPF and send to specified number), Annual EPF statement sent to registered address. Keep EPF number safe and update address changes with employer.
What happens to EPF when changing jobs?
When changing jobs: EPF account continues with same number. Provide EPF number to new employer. Contributions continue from new employer. Do not withdraw if planning to continue working. Accumulating EPF maximizes retirement benefit. Update employer details with Labour Department. Transfer process is automatic with correct documentation.
Is EPF contribution mandatory?
EPF contribution is mandatory for: All private sector employees, Employees earning above LKR 12,000 monthly. Exceptions: Government employees (have own pension), Daily paid casual workers, Foreign nationals on contract. Employer not paying EPF can be penalized. Employee right to complain to Labour Commissioner.
How to claim EPF after retirement?
EPF claim process: Obtain EPF withdrawal form from employer or Labour Department, Complete form with bank details, Attach copies of NIC, retirement letter, last payslip, Submit to nearest EPF office, Processing time: 2-4 weeks, Amount credited to bank account directly. Keep copies of all documents. Nominees can claim if member deceased.
What are ETF benefits?
ETF benefits: Financial assistance during sickness, Maternity benefits for female employees, Death gratuity to dependents, Occupational injury compensation, Scholarship for children of members, Vocational training programs, Housing loan assistance. Benefits claimed through employer or Labour Department. ETF provides social security beyond EPF savings.