Sri Lanka, May 13 -- The Agricultural and Agrarian Insurance Board has announced plans to introduce a new pension scheme for workers engaged in the tea industry and related sectors.

The programme, which will be implemented under the Ministry of Agriculture, Livestock, Land, and Irrigation, is scheduled to be carried out in collaboration with the Agricultural and Agrarian Insurance Board and the Ministry of Plantation and Community Infrastructure.

Under the proposed scheme, employees working in tea estates and tea factories will be eligible to enroll, with contributors given the opportunity to select premium installments according to their financial capacity.

Accordingly, an individual who joins the scheme at the age of 18 and pays a qu...