Central Bank (CB) workers, employed since January 1998, called off a protest on Friday over pension rights on assurances by the management that their issue would be sorted out. The ‘leaflet’ protest began earlier this week. Unions at state banks have been campaigning for pension rights and revoking a late 1990s circular by the Finance [...]

The Sunday Times Sri Lanka

CB workers call off protest over pension rights

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Central Bank (CB) workers, employed since January 1998, called off a protest on Friday over pension rights on assurances by the management that their issue would be sorted out. The ‘leaflet’ protest began earlier this week.

Unions at state banks have been campaigning for pension rights and revoking a late 1990s circular by the Finance Ministry discontinuing pensions for employees recruited on or after 1st January 1998.

The People’s Bank on November 24 restored pensions to its employees while Treasury Secretary Dr. P.B. Jayasundera met union officials of the Bank of Ceylon (BoC) on Thursday and promised to do the same for them. However BoC unions launched a work-to-rule campaign on Friday, demanding that Dr. Jayasundera’s assurance should be given in writing. Pic by Indika Handuwala shows CB employees at a protest meeting outside the bank earlier in the week.

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