IT sector to have an employee welfare fund Updated: Updated: State Cabinet responds to long-pending demand Share Article State Cabinet responds to long-pending demand Responding to a long-pending demand from employees in the IT sector, the State Cabinet on Wednesday decided to form a welfare fund for those working in the IT and allied sectors. The new welfare fund will be under the Kerala Shops and Commercial Establishment Workers Welfare Board. Pension, family pension, pregnancy and marriage-related benefits, medical aid, aid for the education of children, and aid for family in case of deaths are part of the welfare fund.