The Government has taken a decision to offer the full pension, instead of the contributory pension, to teachers recruited from the National Colleges of Education and graduate teachers, after the Lanka Guru Seva Sangamaya made representations last week
Over 40,000 teachers who joined the profession after 01.01.2003 will be benefited by this move. The Finance Ministry Secretary P. B. Jayasundara agreed to the proposal made by the teachers` union.
According to Finance Ministry sources, it was decided to issue letters of appointment before April 30, to entitle the teachers to the latter pension scheme.
Other matters decided were if any amendments should be affected to the existing pension scheme, to prepare draft legislation in concurrence with the trade unions and to annul the management Circular 18. It was also decided to present a Cabinet paper to enact before March 1, a new Widows and Orphans Bill in Parliament soon and debit the 8% hitherto deducted from the salaries of the teachers, who were under this scheme to the Widows and Orphans fund.