The Ministry of Energy has launched a special compensation programme for employees of the Ceylon Electricity Board who are voluntarily retiring under the institution’s restructuring process.
The event will be held tomorrow. (15)
Organised under the theme “Proud Service – Safe Ending”, the programme aims to recognise employees who have rendered long-standing and exceptional service to the Ceylon Electricity Board (CEB).
Under the voluntary retirement scheme, (VRS) a total financial compensation package of Rs. 8.5 billion will be awarded to 1,898 employees.
The Ministry stated that the initiative has been designed to provide appreciation and financial security to employees transitioning from service as part of the ongoing restructuring efforts within the CEB.
Latest News
P&G forecasts slower annual sales growth as costs weigh
'Apocalyptic' damage as Cairngorms wildfire burns for two weeks
Lufthansa, Air France-KLM file binding offers for Portugal's TAP
L'Oreal sales rise on haircare boom and 'lipstick effect'
Nicaragua's Ortega seeks to ban 'traitors' from future elections
Israeli military accuses Hezbollah of violating Lebanon truce with drone attack
Iraqi Foreign Ministry directed to pursue legal action after deadly US-Saudi strikes
Lebanese lawyers seek probe of banker over Netanyahu dinner
Russian drone CEO wounded in shooting
Russia claims new strikes on Ukraine-bound arms ships