Payment of Fourth Installment of Arrears in cash - Orders Issued

                Government are now pleased to order that the fourth installment of Pay Revision arrears and interest thereon which fall due for payment on 01.10.2018 will be paid in cash to the employees, observing the following guidelines:

                Interest @ 7.6% per annum for the period from 01.04.2018 to 30.09.2018 will be admissible for the remaining 25% of the undrawn arrear as on 1.10.2018. The total amount of principal and interest will be paid in cash to the employees

                The fourth installment of the arrears of Pension, DCRG, Terminal Surrender due to pensioners will be paid in cash from 01.10,2018 onwards, in terms of G.O(P)No.9/201.6/Fin dated 20.01.2016 along with interest @ 7.6% per annum for the period from 01.04.2018 to 30.09.20.18. The second installment of arrears of Commutation will also be paid in cash fro.m 01.10.2018 onwards as per the G.O dated 20.01.2016 without interest. 

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G.O.(P)No. 146/2018/Fin Dated,Thiruvananthapuram, 16/09/2018