The pension scheme introduced through the 2026 Budget for Sri Lanka’s fisheries community comes into effect from today.

The pension scheme introduced through the 2026 Budget for Sri Lanka’s fisheries community comes into effect from today.

The official launch will take place at the Lotus Tower with the participation of Prime Minister Dr. Harini Amarasuriya.

This pension programme has been introduced under the government’s “Pohosath Ratak – Lassana Jeewithayak” policy to strengthen the social protection of fishing families.

According to Agricultural & Agrarian Insurance Board Chairman Pemasiri Jasingarachchi, fishermen will be eligible to receive pension benefits once they reach 60 years of age.

He further stated that in the event of a beneficiary’s death, the spouse will be entitled to continue receiving the insurance benefits.

Fishermen will be able to contribute to the scheme based on their income levels.