Welfare fund for IT sector, a first in the country “This is the first time in India that a welfare fund has been implemented for IT employees. Kerala has set an example for other states,” said Vineeth Chandran, secretary, Prathidhwani. Share Via Email | A+A A- By Express News Service KOCHI: It employees are jubilant about the state government’s nod to establish a welfare fund for those in the sector. Employees aged between 18 and 55 will be a part of the scheme. A sum of Rs 3,000 will be given as a pension to employees who contribute towards the welfare fund for 10 years.