Ceylon Bank Employees Union (CBEU) in Sri Lanka decided to suspend the token strike scheduled for 22 April 2021.

CBEU launched the campaign pressurizing the Ministry of Finance to resolve long outstanding issues, including the discriminative pension scheme applicable to employees who joined the state-owned banks after 1996.

Ranjan Senanayake, General Secretary of CBEU, said; that the Ministry of Finance has given the necessary approvals to regularize the anomalies in the pension scheme in writing to the management of the state-owned banks. Accordingly, the union will negotiate with the management and implement a uniform pensions scheme for all employees. The CBEU has also secured a breakthrough in limiting the internships of employees recruited as trainees to two years and regularizing their employment.

Allowances payable to the trainees in Bank of Ceylon will be revised upward said, CBEU President Channa Dissanayake. Based on these positive outcomes, the union decided to suspend the token strike due on 22 April 2021  and look forward to negotiating with the management and finalize the resolutions. 


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