Tancoo maintains 40% cash proposal for PSA arrears

Fi­nance Min­is­ter Dav­en­dranath Tan­coo says the Gov­ern­ment has al­lo­cat­ed fund­ing in the 2027 Bud­get to pay 40 per cent of out­stand­ing ar­rears owed to Pub­lic Ser­vices As­so­ci­a­tion (PSA) mem­bers in cash, de­spite the union’s re­jec­tion of the pro­pos­al.

Speak­ing dur­ing the Bud­get 2027 pre­sen­ta­tion in Par­lia­ment, Tan­coo said the al­lo­ca­tion was based on the Chief Per­son­nel Of­fi­cer’s pro­pos­al to pay 40 per cent of the out­stand­ing ar­rears in cash.

The Gov­ern­ment’s pro­pos­al would see the re­main­ing 60 per cent set­tled through non-cash ben­e­fits, with the pay­ments spread over three years.