Govt begins Rs. 3000 pension allowance payments today

October 16, 2024 at 1:05 PM

The Department of Pensions is set to distribute a monthly interim allowance of Rs. 3,000 to all pensioners starting today (Oct 16), the President’s Office announced.

According to the PMD, funds have been credited to the bank accounts of pensioners receiving pensions from public and private banks today.

Those receiving pensions from post offices and sub-offices will be able to access their allowance from October 18, the PMD added. 

Looking into the delays in disbursing the proposed monthly interim allowance of Rs. 3,000 for pensioners, President Anura Kumara Dissanayake recently directed that the necessary funds be released from the Treasury.

In line with these directives, the Treasury has allocated the required amount to the Department of Pensions, which will begin crediting the allowances to pensioners’ accounts today.

Although Public Administration Circular No. 02/2024, issued on 24 August 2024, called for the monthly interim allowance, funding had not been allocated. 

Following a Cabinet meeting on October 14, the Treasury Operations Department had allocated Rs. 2,021 million for 679,960 pensioners this month, as a result of which the head office of the Department of Pensions began disbursing this allowance starting today. (Newswire)