Govt announces Advance Salary and Pension for Employees

The government’s decision brings a unique gift for central employees.

By offering advance salary and pension during the festive times, the government acknowledges the importance of these celebrations in the lives of its employees.

Salary Release Date

To make these celebrations even brighter, the Finance Ministry has laid out the release schedule.

Salaries for employees in Kerala were processed and released on August 25, ensuring timely financial support for Onam festivities.

For employees in Maharashtra, the release date is set for September 27, coinciding with Ganesh Chaturthi.

Reserve Bank Instructions

To ensure that this decision is seamlessly executed, the Reserve Bank of India has issued clear instructions to all banks.

This directive emphasizes the necessity for banks to adhere to the arrangement diligently.

Extra Benefits

Employees in Kerala are in for an added treat. On the occasion of Onam, they will not only receive the advance salary and pension but also enjoy extra bonuses.

This includes a bonus of Rs 4,000 and a festival allowance of Rs 2,750.

Moreover, the gesture extends to retired employees, who will receive Rs 1,000, and even contract employees, who will also be eligible for a bonus.

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