The Employees Provident Fund (EPF) was established under Act No 15 of 1958 and is in operation with effect from June 1958. The EPF completed 50 years of operation in June, 2008. Accordingly, the Central Bank of Sri Lanka will issue two commemorative coins in the denominations of Rs.1000 and Rs. 2 to mark the 50th Anniversary of the EPF.
The Rupees 1000 coin of the above two coins will be issued to the public on 14th November 2008 at the Central Bank Currency Museum, at No.58, Sri Jayawardhanapura Mawatha, Rajagiriya, at the Central Bank Money Museum located at Regional Office No. 341 Stage 1, New Town, Anuradhapura, Central Bank Regional offices at No. 35, Anagarika Dharmapala Mawatha, Matara and No. 2 B Vidyala Place, Matale.
The Rs 2 coin is a circulation standard coin and will be issued in to circulation in due course.
Rupees 1000 coin
The coin has been minted in Nickel Plated Steel, (Brilliant Uncirculated type) and will be issued in a transparent plastic capsule. The coin is round in shape with a diameter of 28.5 mm and 7 grams in weight.
The obverse image of the coin illustrates the security and protection offered by the EPF for all its members, symbolized by two upholding palms. A tea plucker, a garment factory employee and an office employee, depict three industrial sectors in the economy viz Agriculture, Industry and Services. 50 in large numerals appear on the top centre symbolizing the Golden Jubilee of the EPF. The words EMPLOYEES’ PROVIDENT FUND in Sinhala, Tamil and English appear on the periphery and the years 1958 – 2008 appear at the bottom centre of the coin.
The reverse depicts the face value of the coin 1000 in large numerals while the word “RUPEES “in Sinhala, Tamil and English appear just below the face value. The words Sri Lanka in Sinhala appears at the top centre and in Tamil and English languages at the periphery of the coin. The year 2008 is depicted at the bottom centre.
A limited issue of 1,200 coins will be issued in to circulation and a coin will be sold at a price of Rs. 1,200/= each.
Rupees 2 coin
The coin has been minted in nickel plated steel with a diameter of 28.5 mm and 7 grams in weight. It is identical in size and shape to the existing Rs. 2 coin, and will be circulated along with the existing Rs. 2 coin.
The obverse of the coin is the same as in the Rs. 1000 Nickel Plated Steel Brilliant Uncirculated type coin.
The reverse depicts the legal tender value of the coin, Rs.2, in large numerals and in words in Sinhala, Tamil and English appear just below the face value. The words Sri Lanka appears at the top centre and in Tamil and English on the periphery of the coin. The year 2008 is depicted at the bottom center.
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