The Sri Lanka Foreign Employment Bureau (SLFEB) has taken measures to amend the present insurance policy implemented for foreign employees ensuring them more benefits.
The amended programme, carried out jointly by the SLFEB and the Sri Lanka Insurance Corporation (SLIC) will offer more benefits to beneficiaries and compensation coupled with a pension scheme.
SLFEB Chairman Kamal Ratwatte told the media at the SLFEB auditorium yesterday that Rs. 26 million has been paid as instalments to the SLIC to insure employees working abroad for the first two quarters of this year. Rs. 54 million has been paid to 880 foreign employees as compensation during this period.
Ratwatte said following the Coronavirus outbreak Rs.10.8 million has been paid to Sri Lankan foreign missions established in 18 countries to provide food to Sri Lankan foreign employees, affected by the pandemic.
SLIC Chairman Dr.Jagath Wellawatte said the SLIC has been insuring foreign employees for a long period and with the new insurance policy scheme foreign employees are benefited to receive more benefits than waht they are enjoying now.
It has been planned to implement a pension scheme to foreign employees from next year with employees, who are with the insurance scheme at least for two years, being entitled to receive a pension after ten years, he added.