The distribution of state social security pension for the month of October has begun. The government sanctioned Rs 705.1 crore toward remittances and 44,43,773 beneficiaries will receive Rs 1400 each in pension. Despite pandemic hitting the state economy hard, the pension payments make good on LDF promise that welfare pensions would reach hands of the poor without disruption. Last month, the government decided to remit pension each month instead of periodic lumpsums until now.
The pensions are remitted in five categories. Pensions aggregating Rs 618.71 crore will be distributed among 49,13,785 people of which, Rs 318.93 crore will be credited into the bank accounts of beneficiaries. Another Rs 299.78 crore will be distributed via co-operative societies to be delivered to beneficiaries directly in their hands. A total of 6,29,988 workers who are members of various welfare fund schemes will receive aid money from the government apart from their pensions. Rs 86.46 crore has been sanctioned for the purpose. The various Welfare Fund Boards will be make the combined payments.
