August 25th, 2009 
Aman Govt decides to release final installment of pay arrears: Good news for the government employees, as the festival season came; government has decided to release the final installment of pay arrears. Government has decided to release the last installment of salary arrears to the government employers on Tuesday August 25, 2009. This will put burden on exchequer of over Rs. 17, 500 crore. The first installment of 40% arrears was paid during fiscal. The decision to release the second installment is taken by finance ministry office. According to them the remaining arrears is paid out now to the concerned government employees of the government. Every employee of the particular government has be paid by their own government. However the date of payment is yet to decide. The estimated arrears that are calculated is near about 29, 373 crores. The decision of releasing arrears in two installments had been taken in last year of the month August. According to that, in future the pay out will be released in two installments. They decided to release the first pay outs in 40% and second in 60%.
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Finance minister office memorandum: Finance minister office declared a memorandum which has to be accepted by the concerned government and they accepted that. According to this memorandum, the government employees are advised to deposit the arrears in their GPF account as in the case of first installment they did. This time too government should permit their employees to deposit amount in GPF account for their better saving for future. The employees who joined the government service after January1, 2004 will get the second installment only after it is assured that they have joined the new pension scheme. They have to first complete all the legal formalities of new pension scheme and after their clarification, they got the second arrears. The government had accepted the cabinet 6th pay out commission with all the modification s and after that it is allowed to release the arrears second and final installment.
Pensioners will also get: A sigh of relief for those who are in not in government job now that is they left the job either these employees are retired from the government jobs or has taken VLS, in short all the pensioners of the government department will also get their final installment of arrears. As the cabinet has approved the 6th Pay Commission report with effect from January 1, 2006 with few modifications, Government has to be paid the remaining arrears which are 60 % of the total. The government employees are happy to know this that they will get the final installment of the arrears as the festival season came and they will celebrate the festivals at their best now because of this declaration.
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