Tamil Nadu government announces Rs 750 crore as retirement benefits

Tamil Nadu, Jan 11: The Tamil Nadu government on Wednesday announced that Rs 750 crore would be released this week towards retirement benefits, with chief minister K Palaniswami urging the agitators to withdraw the seven-day-old agitation.

Making a statement in the state assembly, he said the amount would be given before Pongal festival (January 14) and it would benefit those who retired up to November 30, 2017.

Settlement of pending dues is one of the key demands of the striking workers.

"I am happy to announce that the Amma (late chief minister J Jayalalithaa) government will provide Rs 750 crore towards pending (dues) for those who retired up to November 30, 2017. This will be provided before Pongal festival," he said.