The government has restarted the derailed pension reforms programme, by appointing Channa de Silva to set up the unit for an interim period.
De Silvas mandate includes scouting for a CEO to head the Office of Pension Reforms and implement recommendations set out by the Superannuation Reforms Taskforce.rn
rnThe mandate for the Pension Office, covers an entire gamut of reforms including the feasibility of introducing a islandwide Superannuation Scheme with due consideration to portability, self-financing, freedom of choice, effective new regulation and so on, within the context of a redefined/redesigned pension model. rn
rnldblquote The main thrust of the reforms would be to set up a sustainable superannuation system based on private savings,
dblquote says Central Banks Deputy Governor, W A Wijewardene who also heads the Superannuation Reforms Taskforce. rn
rnThe taskforce also includes industry experts like Chandra Jayaratne (CEO Eagle Insurance), Ravi Abeysuriya (CEO Fitch Ratings Lanka), Deva E