For long-term sustainability, we propose a comprehensive overhaul of Sri Lanka’s pension system. This involves creating a universal, contributory pension scheme that is accessible to all citizens, including public service employees, private sector workers, and migrant workers. The existing model, where public servants receive pensions without contributing, is financially unsustainable.
We propose to revise the minimum wage of private sector workers to at least Rs 25,000 per month from Rs. 17,500 per month upon discussions with all stakeholders.
A new intervention mechanism will soon be established to make poverty a part of history, drawing on the best practices of “Jana Saviya,” “Samurdhi,” “Aswasuma,” and “Gamidiriya,” and developing a comprehensive new programme. The new programme will provide a monthly allowance of Rs. 20,000 for up to 24 months for beneficiary families. Until the new programme launches, Aswasuma benefits with enhanced amounts will continue to be disbursed as follows:
Rs. 10,000 per month (from 5,000) for vulnerable and transitional poor families
Rs. 10,000 per month (from 8,500) for poor families
No changes to Rs. 15,000 per month for extremely poor families
This initiative will empower beneficiary families and communities by enhancing their capacities and skills, featuring components of consumption, savings, investment, production, and exports. At its core, this programme will implement a credit-based participatory poverty alleviation strategy through a robust social protection framework.
Recognising the tremendous impact of the Samurdhi programme in eradicating poverty in Sri Lanka, a fresh scientific survey will be conducted before the new programme is implemented. This survey aims to address the mis-targeting of beneficiaries in the current programme, ensuring proper support for underserved Samurdhi beneficiaries and those affected by the economic crisis. The capital of Samurdhi banks will be strengthened with a focus on improving management, creating sustainable career paths for employees, and continuing mandatory savings programs and housing lottery initiatives while also resolving longstanding management and pension issues for Samurdhi employees.
We will implement a fuel subsidy through a QR-based system, benefiting farmers, “Shakithi” rice millers, three-wheel drivers, fishermen, and school transport sector drivers, ensuring targeted support for those who keep our economy and communities thriving.
Crafted by Volunteers full of hope for Sri Lanka’s future. The following information is intended solely for general informational purposes related to the Sajith Premadasa Presidential Election Campaign 2024.
