First instalment of Utility Stores Corporation severance package disbursed

ISLAMABAD: The initial payment of the severance package for employees of the Utility Stores Corporation (USC) has been released, according to an official statement.

The Ministry of Industries and Production announced that the first instalment of the severance package for USC employees has been disbursed. The ministry stated that this payment is part of the government’s commitment to support workers affected by recent restructuring at the corporation.

According to the official statement, the severance package is being distributed in phases. The ministry further assured that the remaining instalments will be released in accordance with the approved schedule.

The Utility Stores Corporation, which operates a network of retail outlets across Pakistan, has been undergoing restructuring as part of broader government reforms. The severance package aims to provide financial assistance to employees impacted by these changes.

The Ministry of Industries and Production reiterated its dedication to ensuring that all eligible employees receive their dues in a timely manner. The statement also highlighted that the government is taking steps to address the concerns of USC workers during the ongoing restructuring process.

Further details regarding the total amount disbursed or the number of employees affected were not provided in the official statement.