The Cabinet of Ministers has decided to withdraw proposed pension schmeme for the private sector.

Cabinet Spokesperson and Media Minister Keheliya Rambukwella told the Cabinet press briefing yesterday that the government has decided to withdraw the proposed scheme.
However, he said that the government holds the right to implement a more people-friendly Private Sector Pension Bill and following discussions in the future would reintroduce a new pension scheme for the private sector that would include the amendments proposed by all stakeholders.

According to Minister Rambukwella, some opposition forces were instigating the public against the government when the state has acted responsibly following the incident, through the suspension of the bill, the suspension of two police officers and the IGP's retirement.