Cabinet has approved a volunteer pension scheme proposed for Sri Lankan Airlines to allow it"s employees to retire from service voluntarily due to the financial crisis faced by the Sri Lanka"s national carrier according to the government .
Cabinet has approved the Cabinet paper submitted to the Cabinet by Minister of Tourism Prasanna Ranathunge regarding the proposed pension scheme for Sri Lankan Airlines .
Government is expecting around 560 Sri Lankan Airlines to be retired under this pensions scheme .
Government has been allocated RS.146 billion to pay compensation to the Sri Lankan Airlines employees who are wiling to retire voluntarily
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