Planning for retirement in Sri Lanka — pensions, savings and making your EPF/ETF payout last.
Unlike income tax, EPF and ETF use no bands or thresholds, just a fixed percentage of your salary at any income level. Here's the exact arithmetic, at three different salary levels.
EPF, ETF, and gratuity are often lumped together, but they're three separate entitlements with different rates and payout rules. Here's exactly how each one works, with a full worked example.
