Pay and Pension Revision 2014 - Payment of Fourth Instalment of Arrears


Pay and Pension Revision 2014 - Payment of Fourth Instalment ofArrears - Orders Issued.Governrnent are now pleased to order that the fourth instalment of Pay Revision arrears and interest thereon which fail 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.


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