As at June 2023, the number of beneficiaries of Basic Retirement Pension reached 259,747, some 3.7% more compared to June 2022. The cost to Government was Rs 34.7 billion in 2022/2023 i.e. 13.4% higher than that in 2021/2022.
Widow's Pensioners
There were 17,753 Basic Widow’s Pensioners in June 2023 compared to 18,034 one year earlier, showing a decrease of 1.6%. The amount disbursed increased by 9.0% to Rs 2.5 billion in 2022/2023
Invalid's Pensioners
The number of Basic Invalid’s Pensioners as at June 2023 was 30,728, i.e., a decrease of 4.7% compared to 32,252 a year earlier. The total amount disbursed from July 2022 to June 2023 rose by 8.2% to reach Rs 4.8 billion.
Orphan's Pension
At June 2023, the number of beneficiaries of Basic Orphan’s Pension stood at 398 compared to 395 at June 2022 and expenditure amounted to Rs 67.3 million for the period July 2022 to June 2023.
Social Aid
Social Aid benefits were paid to 13,976 families in June 2023, i.e., a decrease of 4.5% over the figure for June 2022. Amount paid registered an increase of 14.4% to reach Rs 587.2 million in 2022/2023.
Expenditure
Government expenditure on Social Security and Welfare is estimated at Rs 57.0 billion for the period July 2022 to June 2023, representing 31.2% of total government expenditure and 9.3% of the Gross Domestic Products (GDP) at market prices.
