Govt releases Rs1.36b for retired PSM employees

Govt releases Rs1.36b for retired PSM employees

The government has released Rs1.366 billion to clear the dues of 411 retired employees of Pakistan Steel Mills (PSM). According to documents available with Wealth Pakistan, the allocated amount covers gratuity, provident fund and leave encashment payments. The disbursement is expected to conclude within the month of October, providing the long-awaited financial relief to the retired employees. According to the documents, 899 employees still rema…