Increase retirement age to 65 – Minister Harsha de Silva
The retirement age should be increased to 65 years, Foreign Affairs Deputy Minister Dr. Harsha de Silva said while speaking at the National Pensioners’ Day Symposium at the Sri Lanka Foundation Institution.
Minister said Sri Lanka does not have a sustainable pension structure.
“Problems relating to pensioners have been ignored. Sri Lanka has more women than men. Statistics have revealed that men live up to 72 years while women live for 78 years. According to the latest labour force report, the labour force is 8.8 million of which 5.5 million are males and 2.5 million are females. This will generate problems in the future. Male participation is more in the labour force though there are more women in the country,” he added.
(Government News Portal)
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Before dwelling on this subject has the Labor department got reliable statistic of the current unemployment status in sri lanka. Of those employed does the Labor deprtment take into account those employed in the middle east. The minister of finance claimed that lankans abroad earned an estimated 2 billion dollars. For him to arrive at this he must have some idea of those employed in the middle east.
What is the rationale behind the increasing of the pensionable age fro 60 to 65. As is as people age they generally become ineffecient, attendance is poor due to ill health and when they are there they do not adopt to the changes taking place and finally they create more unemployment
The important statistic is as to how many come into the labour market. Of the statistic quoted of the 8,8 million `employed’ how many are engaged directly in agriculture . Generally it is assumed that in an agrarian economy generally about 50% of the population is employed in agriculture in Sri Lanaka it is less so ……..How many. How many thousands are released from agriculture and seek employment in urban areas. So the increase in the retirement age to 65 does not serve a purpose.
Further is there a an age limit for people to be elected into the parliament and does this apply to those employed there.
Hi Dr.Harsha,
You are talking about penisoners in Srilankan soil.What about us,we long await for a penison secheme for migrant workers?Hope you will talk this subject in Parliament.
Thanks.
Harsha,
Is your proposal genuine or is it to give yourself enough time to rob the country whilst still in power like the mafioso who ruled and ruined the country before? All our future generations are indebted to the huge loans from China. The Chinks are laughing all the way. They have got around dictators like our own MR ruling countries in the African continent as they see them too as easy targets to dump their accumulated financial resources and to see it grow exponentially.