Thiruvananthapuram :The social security and welfare pension disbursements will begin from Saturday. March pension of Rs 1500 and Rs 1600 of April would be combined with each beneficiary receiving Rs 3100 this time. Those receiving pension into their bank accounts will have the March credit coming from Thursday and April pensions soon thereafter. Others who receive their pensions via cooperative societies will receive the entire amount from Saturday onwards. Although it is fiscal year-end, Rs 1596.21 has been set aside toward the combo payment.
If there occurs a shortfall at the end of disbursements, more funds would be sanctioned. Rs 772.36 core in March pensions and Rs 8323.85 for April have been put aside, of which Rs 1399.34 crore pertains to social security pensions and Rs 196.87 in welfare pensions. There are 49,41,327 pensioners and 11,06,351 welfare pension beneficiaries. The April pensions are being paid with March pensions in view of Vishu and Easter holidays falling in April.
