Pension revision: Two installments of arrears to be dispensed in next financial year

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Thiruvananthapuram: Kerala Finance Minister KN Balagopal informed the legislative Assembly that the distribution of arrears of the pension revision will be considered in the next financial year.

Two out of the four installments of the arrears were approved for issuing in the upcoming financial year. Rs 2,800 crore is required to issue the installments.

Two installments of dearness allowance were also granted and the two unsettled installments need Rs 1,400 crore. Minister informed that the disbursal of remaining installments will be considered in accordance with the improvement of Kerala’s economy.

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