OUR STORY
The Bank of Ceylon (BOC) was established on 1 August 1939, at No. 41, Bristol Street, Colombo 1.
Forty years later, in 1979, the Bank of Ceylon Pensioners’ Association (BOCPA) was established. The Association comprises retired employees of all grades of the Bank of Ceylon, as well as their widows and widowers.
Currently, the Association has approximately 9,000 members.
Over the years, the Bank of Ceylon Pensioners’ Association has introduced two schemes to provide financial assistance and support to its members, funded through membership fees and prudent investments.
The first is the Death Donation Fund (DDF), which provides a donation to the nominee of a member following the member’s death, in accordance with the rules and regulations of the scheme.
The second is the Special Relief Fund (SRF) Scheme. Under this scheme, a member who undergoes surgery for an illness classified as critical by the Association may be eligible for reimbursement of up to Rs. 50,000, once during their lifetime, upon submission of a claim and subject to the rules and regulations governing the scheme.
OUR OBJECTIVES
- Promote Member Wellbeing & Relationships
Promote the wellbeing of members while maintaining cordial relationships among members of the Association and with the Bank of Ceylon. - Safeguard Members’ Rights & Privileges
Enhance, maintain, and safeguard the interests, rights, and privileges of the membership. - Community Care & Social Welfare Engaging in community care initiatives and social welfare activities for members and the general public through the Committee of Management, District Branches, and their decentralized entities.
- Protect Beneficiary Rights & Privileges Safeguard the rights and privileges of beneficiaries in accordance with the rules and regulations governing the Bank of Ceylon Pension Trust Fund and the BOC Widows/Widowers and Orphans Pension (WW&OP) Fund.