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The Mercantile Service Provident Society

Trustee - The Ceylon Chamber of Commerce

85+ Years of Trust & Excellence

The Mercantile Service Provident Society (MSPS) is a government-approved superannuation fund, established by the Ceylon Chamber of Commerce in 1939. It is likely the first provident fund created in Sri Lanka for the benefit of private sector employees.

Established
December 20, 1939
Trustee
The Ceylon Chamber of Commerce
Member Companies
44 Companies
Fund Value
Rs. 37+ Billion

Under this scheme, employees contribute a minimum of 8% of their salary, while employers contribute at least 12% of the employee's salary. The governance of the Society is outlined in the Rules of the MSPS, which have been approved by the Commissioner of Labour and the Commissioner General of Inland Revenue (CGIR).

MSPS Office

212, De Saram Place, Colombo 10, Sri Lanka

Our Mission

To provide secure and reliable retirement benefits for private sector employees in Sri Lanka through professional fund management and excellent member services.

Our Vision

To be the leading provident fund in Sri Lanka, setting the standard for retirement security and member satisfaction through innovation and excellence.

Our Values

  • Integrity and transparency
  • Professional excellence
  • Member-centric service
  • Regulatory compliance
  • Sustainable growth

Our Journey Through Time

1939
Foundation of MSPS

MSPS was established by the Ceylon Chamber of Commerce on December 20, 1939, becoming the first provident fund in Sri Lanka.

1958
EPF Act Implementation

The Employees Provident Fund Act was implemented, providing regulatory framework for provident funds including MSPS.

1996
Membership Restriction

Government legislation restricted admission of new contributing companies to private provident funds.

2020
Digital Transformation

Launched comprehensive digital services and online portal for enhanced member experience and operational efficiency.

Our Leadership Team

Meet the experienced professionals who guide MSPS towards excellence and growth.

Mr. Sujeewa Mudalige
MR
Mr. Sujeewa Mudalige

Chairman

Mr. Vinod Hirdaramani
MR
Mr. Vinod Hirdaramani

Member of Committee

Mr. Bingumal Thewarathanthri
MR
Mr. Bingumal Thewarathanthri

Member of Committee

Mr. Amal Cabraal
MR
Mr. Amal Cabraal

Member of Committee

Ms. Kasturi Wilson
MS
Ms. Kasturi Wilson

Member of Committee

Ms. Enoca Sirimanna
MS
Ms. Enoca Sirimanna

Member of Committee

Mr. A.C.M. Irzan
MR
Mr. A.C.M. Irzan

Member of Committee

Ms. Erandi Wickramaarachchi
MS
Ms. Erandi Wickramaarachchi

Member of Committee

Mr. Niroshan Jayasuriya
MR
Mr. Niroshan Jayasuriya

Member of Committee

Mr. Ranil De Saram
MR
Mr. Ranil De Saram

Secretary

Ms. Preethi Fernando
MS
Ms. Preethi Fernando

Chief Executive Officer

What Makes MSPS Special

First in Sri Lanka

Pioneering provident fund established in 1939, setting the standard for employee welfare.

Government Approved

Fully approved superannuation fund with government backing and regulatory oversight.

Professional Management

Expert fund management with proven track record of consistent growth and security.

Trusted Partnership

Strong partnership with Ceylon Chamber of Commerce ensuring stability and trust.