The total amount of principal and interest will be paid in cash to the employees. (1) Interest 7.6% per annum for the period from to will be admissible for the remaining 25% of the undrawn arrear as on. Government are now pleased to order that the fourth instalment of Pay Revision arrears and interest thereon which fall due for payment on will be paid in cash to the employees, observing the As per the Government Orders read as 4th, 8th and 9th above, revised orders were issued for crediting first, second and third instalments of arrears along with interest, to the Provident Fund Account of employees.Ģ. on the modalities for the disbursement of arrears.
In the Circular read as 2nd above, detailed guidelines have been issued. 3.Circular No.16/2017/Fin dated 22.03,2017Īs per Government Order read as first above, orders have been issued revising pay and allowances of State Government Employees and Teachers with effect from, wherein it has been ordered that the amount of arrears on account of pay revision will be paid in cash in four equal instalments on, , and respectively along with interest on the arrears not drawn as on the above dates at the rate admissible to the Provident Fund.
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