‘Over 5,200 retirees benefit from CDD pension scheme’

The Cooperative Development Department (CDD) of the North Western Province (NWP) had introduced a pension scheme for its employees in 2008 and there were funds of Rs.700 million in that trust fund, NWP Cooperative Development Commissioner Chandrasena Aloka Bandara told the Daily News, recently. Subsequently, about 5,250 employees have become its members in the Kurunegala and Puttalam districts, he added.

Bandara said that about 1,017 persons who had retired recently were now enjoying the benefits of the pension scheme.