KSRTC pension distribution stalled


1 min read
Read later
Print
Share

Representational Image | Photo: Mathrubhumi

Thiruvananthapuram: Along with salary, disbursal of pension also came to a halt in KSRTC. The management could not disburse the pension usually given on the fifth day of each month.

The officials informed that the procedures to hand over the money were delayed last month. Though the Department of Finance allocated Rs 70 crore to distribute pensions on time, the proceedings to entrust this amount to different cooperatives have been slowed down.

Rs 37.5 crore more was required to distribute the pensions last month. Rs 82.5 crore is needed for distributing the pension of last month.

Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Newsletter
Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.

IN CASE YOU MISSED IT
death

1 min

Kozhikode boy ends life over fake warning message seeking payment for unauthorised online access

Sep 29, 2023


govindan

1 min

Class 8 TVM boy goes missing, pens letter and leaves home to meet friend; traced later

Sep 29, 2023


doctors

1 min

PG doctors to observe 24-hour strike across Kerala today 

Sep 29, 2023