About PSMPA
Established in 1883, The Public Service Mutual Provident Association (PSMPA) is one of Sri Lanka's oldest mutual provident organizations. The Association promotes financial security and welfare among public officers through savings schemes, affordable loans, settlements, medical assistance, retirement benefits and dedicated member services.
1883
Established
0+
Active Members
0+
Years of Service
History
In the year 1883 Mr. E.D.Soertsz a public spirited gentleman together with 38 other good spirited public servants formed what is today the PUBLIC SERVICE MUTUAL PROVIDENT ASSOCIATION. At the very first Annual General Meeting a resolution for the incorporation of the Association was moved and this materialized in the year 1891 with the enactment of the P.S.M.P.A. Ordinance No.5 of 1891 (Chap 283). Thus proudly becoming the first Association of Public Officers in the whole Asian region with a noble cause of promoting thrift.
1883
1883
Association
Founded
1891
1891
Officially
Incorporated
1900
1900 - 2000
Expanded Member
Benefits
2026
Today
Supporting over 11,000
Government Officers
Our Vision
To be the best organization in thrift and benevolent services to government officers in Sri Lanka.
Our Mission
To fulfill all financial and other requirements of the members by utilizing the latest technology for an efficient and speedy service oriented work ethic so that it would uplift the living standards and bring prosperity to them and also enhance the productivity of the Association and maximizing profitability and economic viability which would ultimately meet the goals and fulfill the Objectives of the Association.
Objectives and Goals
To promote thrift among members.
.png&w=256&q=75)
To provide relief at times of distress.
.png&w=256&q=75)
To aid members at times of pecuniary (Financial) difficulties.
.png&w=256&q=75)
To assist members in the education of their children by granting scholarships and loans.
.png&w=256&q=75)
To grant financial assistance at matrimonial activities of member and /or children.
.png&w=256&q=75)
To be of assistance at times of bereavement in the family.
.png&w=256&q=75)
To fulfill the dream of purchasing a property and building a house of their own by granting House and Property loans on easy repayment terms.
.png&w=256&q=75)
To update members in the latest information technology and knowledge by providing facilities to obtain latest technological equipment.
.png&w=256&q=75)
To provide medical assistance at times of serious illness/surgery.
.png&w=256&q=75)
To grant benefits to members at retirement.
.png&w=256&q=75)
To make provision for spouses and legitimate children.
Corporate Profile
Inauguration
1833
Legal Mandate
Incorporated under Ordinance No: 5 of 1891
Supervision
Ministry of Finance
Official Address
155/5, Castle Street, Colombo 8
Contact
011-2683000 / 011-2685300 / 011-2665228
psmpa@sitnet.lk
Website
www.psmpa.com
Membership
Officers holding a pension able appointment in the Public Service, Provincial Public service and Local Government Service who are under 45 years of age and in the Management Assistant service or equivalent and above
Present membership
Aprox. 11,000 members
Committee of Management
President and two nominated members appointed by the secretary of Ministry of Finance and other 11 members elected by the Annual General Meeting
Administration
Joint Secretary & Treasurer (On secondment from Public Service)
Assistant Secretary. (On secondment from Public Service)
Staff
38 Officers in the permanent staff
Lawyers
Messer's D.L.& F de Saram
No. 47, Alexandra Place, Colombo 7
Bankers
Bank of Ceylon Rajagiriya
Bank of Ceylon Metropolitan Branch
Peoples Bank Borella
Auditors
Auditor General of Sri Lanka
Member Institutions
22 Member Institutions Islandwide