Delivering the 2025 Budget speech in Parliament today (17 ), President Anura Kumara Dissanayake proposed to revise the pensions of all pensioners who retired before 01 January 2020 in three stages, corresponding to the salary scales relevant to the year 2020 as per the general public Administration Circular No.
03/2016.
By thinking about salaries and advantages entitled to the pensioners, a regular monthly boost of Rs.
3,000 was implemented immediately after the Presidential election therefore fixing the Pension Anomalies of Pensioners who retired before 01 January 2020.
The President expressed that a pension abnormality was observed which was developed by modifying the pensions of the government employees who retired from 2016 - 2020 only, based on the income scale of the 5th stage associated to the year 2020, given that all the pensioners who retired till 31 December 2017 are on the very same salary scale.As this issue remains unsolved for a long time, the President stated that the federal government believes it has to be dealt with in a phased manner within the existing limited financial space.Accordingly, the President proposed as the first phase, the pensions of all pensioners who retired before 01 January 2018 to be revised in line with the 3rd stage wage scales relevant to the year 2018 in the Public Administration Circular No.
03/2016 and to be implemented from July 2025.
For this phase, the federal government has actually proposed to assign Rs.
10,000 million through the Budget 2025.