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Reliefs for Government Servants Extended in Budget 2024

The cost-of-living allowance for public servants will be increased to LKR 17,800 from LKR 7,800 with effect from 01 January 2024 and the payment will commence from 1 April 2024. The arrears owed from January to March will be paid in installments from October 2024 spread across 6 months.

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Cost of living allowance for Government pensioners will be increased by LKR 2,500 (with effect from 01 April 2024).

The scheme for advancement of disaster loans for Government Servants will recommence from 1 January 2024.

Allowances provided for senior citizens will be increased to LKR 3,000 from LKR 2,000.

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The deduction on account of the Contributions to be made to the "Widows and Orphan pension scheme of Government servants will be increased to 8%.

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