Diwali gift for pensioners: Welfare pension distribution from October 26, Rs 1,081 crore allocated

THIRUVANANTHAPURAM: The Kerala government has announced that this month’s welfare pension and welfare fund board pension will be disbursed from October 26, with Rs 1,081 crore sanctioned for the purpose.

Of the total amount, Rs 961.64 crore has been earmarked for the social welfare pension, while Rs 119.46 crore has been set aside for pensions paid through welfare fund boards. The government has directed that distribution begin on October 26 and be completed by November 5.

A total of 52,09,617 people across the state will receive the social security pension for October. Of these, 29,67,142 beneficiaries will have the money credited directly to their bank accounts. After adjusting the existing balance, the remaining Rs 541.38 crore required for this purpose will be transferred to the account of the Director of Local Self-Government Department (Rural).

The remaining 22,42,475 beneficiaries will receive their pension in cash at their doorsteps through primary cooperative societies. For this, Rs 419.40 crore is being made available through the special TSB account at the treasury.