The Kerala government has announced that distribution of welfare and social security pensions for October will begin on the 27th. A total of over 62 lakh beneficiaries will receive ₹1,600 each, with the state’s Finance Department sanctioning ₹812 crore for the payout.
Finance Minister K. N. Balagopal said that pension amounts will be directly credited to the bank accounts of 26.62 lakh beneficiaries, while others will receive their payments through cooperative banks, which will deliver the pensions to their homes.
Additionally, 8.46 lakh beneficiaries under the National Pension Scheme are eligible for the central government’s contribution. The state has advanced ₹24.21 crore on a temporary basis to ensure timely payment, pending release from the Centre.
The central share will be credited to beneficiaries’ bank accounts through the Public Financial Management System (PFMS) of the Union Government.
So far, the Kerala government has spent a total of ₹43,653 crore on welfare pension distribution since the scheme’s inception — reflecting its continued commitment to supporting the state’s elderly, differently-abled, and economically vulnerable citizens.
