Cabraal pushes for pension with arrears for all Central Bank governors By Namini Wijedasa View(s): View(s):The Monetary Board (MB) has approved pensions with arrears for several former and the incumbent Governor of the Central Bank of Sri Lanka irrespective of the lengths of their tenures, the Sunday Times learns. The MB’s decision follows requests from Ajith Nivard Cabraal, State Minister of Finance, Capital Markets and State Enterprise Reforms. He was CBSL Governor from July 2006 to January 2015. Until 1998, all CBSL employees including Governors and State Bank workers were eligible for pensions similar to other public officials. However, Mr Cabraal in 2015 sent a request to Governor Coomaraswamy asking to also include Governors in the new scheme.

Source: Sunday Times September 05, 2021 00:45 UTC