Compulsory retirement scheme to be implemented for merging of fertilizer companies

INSUBCONTINENT EXCLUSIVE:
A compulsory retirement scheme is set to be implemented in connection with the amalgamation of the Ceylon Fertilizer Company Limited and the
Colombo Commercial Fertilizer Company Limited.A total of 267 employees have agreed to retire under the compulsory retirement scheme,
Agriculture and Plantation Industries Mahinda Amaraweera to implement this initiative.Approval has also been granted to spend Rs
of the scheme is subject to the recommendations of an Officials Committee, chaired by the Secretary to the Prime Minister, focusing on the
voluntary pension scheme for excess employees in state enterprises.