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Mr Babu - Tap into our Fair Trade Pension Project

Fair Trade Pension Project for Rubber Tappers

Rubber Plantation workers in India are entitled to a pension but increasingly the state pension is not enough to cover rising living costs, resulting in rubber tappers facing a difficult retirement. Now, however, thanks to Fair Trade premiums paid through our sourcing partners all 185 workers on the New Ambadi estate will receive a RS 1000 bonus on retirement to supplement the state pension.

They will then receive a further RS 1000 every year for ten years plus any accumulated interest from this pension fund. This small extra income may not seem a great deal to us but it is enough to pay for visits to children or for those little extras that can make retirement that bit easier.

On The New Ambadi Estate Mr. K. Babu, 59 years old, will be the first person to retire and benefit from the RS 1000 bonus. Mr Babu is a deserving recipient of a retirement bonus as he has worked his whole life as a rubber tapper, affecting his health not least from rising every morning at 4:00 am. Mr Babu’s wife, Vishalam, aged 52, also works on the plantation and will receive the RS 1000 bonus when she retires in 2017.

Check out our other Fair Trade stories or more information on Fair Trade.

Published 11/10/11

Photo(s) ® M.Kunz Fair Deal Trading
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