FESTIVAL ADVANCE
The Board Regular pensioners will be paid Festival
Advance of Rs.500/- or one month’s pension, whichever is less.
2. Option
shall be obtained from the pensioners, who opt for the payment of festival advance
regularly every year for a particular festival. No application is necessary every year for the festival
advance. Option once exercised is
final. In other cases application for
sanction of festival advance is necessary.
3. In the
case of sanction of festival advance regularly as per option of the pensioner,
the procedure of making entry in the pensioner’s half of the Pension Pay Order
is dispensed with. This order will take
effect from the Calendar Year 1998.
4. If the
festival falls between the 1st and 16th day of the month, the festival advance
will be paid along with the pension for the month immediately preceding the
previous month of the festival. If the
festival falls after the 15th of the month, the festival advance will be paid
along with the pension for the previous month.
(B.P.No.90, dated 31-3-98).
5. The
advance is being recovered from the pension in 10 monthly installments.