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.
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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