Additional allowance for Public Service pensioners announced

Date:

August 02, Colombo (LNW): Finance State Minister Ranjith Siyambalapitiya has announced that public service pensioners will receive an extra Rs. 3,000 allowance, increasing the total interim allowance to Rs. 5,500 starting in September.

Following presidential directives, an expert committee led by U. R. Senevirathne was established to tackle salary disparities among public servants.

Minister Siyambalapitiya noted that this interim allowance will be in effect until the new salary structure is introduced in 2025.

The State Minister highlighted that the government will spend an additional Rs. 8.4 billion in 2024 to provide this allowance to approximately 700,000 retirees.

Despite the challenges of managing the state budget, this interim allowance has been introduced as a swift solution to support retired government employees facing financial difficulties.

Share post:

spot_imgspot_img

Popular

More like this
Related

Update: Jeep Driver Arrested After Deadly Ella–Wellawaya Road Accident

Police confirmed that a horrific accident occurred last night...

Banana Tissue Culture Lab Boosts North Central Farmers

A state-of-the-art banana tissue culture laboratory has been established...

Sri Lanka Defers 18% VAT on Digital Giants Amid Exit Threats

Sri Lanka has decided to defer the implementation of...

Sri Lanka Moves to Revise Tourism Act amid Industry Revival

Sri Lanka has taken the first formal step toward...