HomeNewsKerala NewsWelfare pension distribution has begun in the state

Welfare pension distribution has begun in the state

Welfare pension distribution has begun in the state. Two installments are being distributed, including one arrears and the May pension. Each pension beneficiary will receive Rs 3,200 each. The government aims to complete the pension distribution within a week.

Based on the government’s announcement that the welfare pension arrears will be paid this financial year itself, pensions have started reaching the hands of beneficiaries from today, including one installment arrears. Beneficiaries will receive a pension of Rs 1,600 each.

Including the May pension and one arrears, a pension beneficiary will receive Rs 3,200 this month. While the amount reaches the bank accounts of 26.62 lakh people, the pension is being handed over to the homes of others through cooperative banks through employees.

There are 62 lakh pension beneficiaries in the state. Kerala has implemented the most comprehensive social security pension scheme in India. The state itself provides 98 percent of the funds required for this, with the central government contributing less than two percent.

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