Sri Lanka, May 25 -- The "Surekuma" pension scheme remains open for all individuals aged between 18 and 59 who are not entitled to government pension benefits, the Sri Lanka Social Security Board has announced.

In a statement, the Board said applicants are able to select their preferred pension amount based on their financial capacity and contribution ability.

Under the scheme, members will be entitled to a range of benefits, including a guaranteed monthly pension of Rs. 50,000 from the age of 60 until the end of life, depending on the selected plan.

The Board further stated that missed premium payments will not result in loss of benefits, as pension payouts will be adjusted in line with the accumulated balance in the member's account....