In a significant development, the pension calculation formula has undergone a major overhaul. Gone are the days when your pension was calculated based on the formula of your last salary. The latest change means that pension calculations will now be based on seventy percent of the average salary from your last three years of service.…
Category: Pensioners Latest News
Latest Notifications 2023, Pension Increase, Pensioners Latest News
Minimum Pension Notification 2023 کم سے کم پنشن کا نوٹیفیکیشن
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The Minimum Pension Notification has been officially issued by the Government of Pakistan, Finance Division Today on 5th July 2023. According to the latest memorandum, the Finance Department has given the approval of increase the Minimum pension rate. The Government has increase the minimum rate of pension is upto Rs. 2000. As per the new…
Pensioners Latest News
Benefit of Revised Pay Scales 2022 Pensioners
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The Government of Pakistan, Finance Division has issued the latest notification on 15th August 2022 in connection with admissibility of benefit of revised basic pay scales 2022 to the pensioners of the federal government who retired during FY 2021-22. Pensioners Benefits of Revised Basic Pay Scales 2022 The undersigned is directed to refer to the…
Latest Notifications 2023, Pensioners Latest News
Improvement in Pension Disbursement System for Pensioners
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Directorate of Public Instruction (Elementary Education) Punjab has issued the official notification letter on in connection with improvement in pension disbursement system for pensioners. Improvement of Pension Disbursement System I am directed to enclose herewith a letter bearing No. PO(W&M)1-153/2011 dated 26.11.2020 received from Govt of Punjab Finance Department on the subject cited above Informing…
Family Pension Notification 2023, Latest Notifications 2023, Pensioners Latest News
Notification of Grant of Family Pension To Eldest Family Member 2021
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Punjab Government, Finance Department has issued the official notification on 15th March, 2021 in connection with grant of family pension to eldest family member of a deceased govt servant / pensioner 2021. The letter is forwarded to the below given departments; Read More: Guidelines Regarding Submission of Family Pension Cases 2021 The Additional Chief Secretary,…
Family Pension Notification 2023, Pension Cases, Pension Guidelines 2023, Pensioners Latest News
Guidelines Regarding Submission of Family Pension Cases 2021
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Punjab Government, School Education Department has issued the official notification letter on 4th February, 2021 in connection with guidelines regarding submission of family pension cases 2021. Family Pension Cases 2021 Guidelines I am directed to refer to letter No. 195/B-3, dated 11-01-2021 on the subject noted above. It has been noticed with great concern by…
Direct Credit System, Pension Cases, Pensioners Latest News
SBP Notification of Pension Payment Through Direct Credit System (DCS) 2021
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The SBP Notification of Pension Payment Through Direct Credit System (DCS) 2021 has been issued to the President / Chief Executive of all Banks. The details of the circular is given below; Pension Payment Through Direct Credit System 2021 Please refer to BC&CPD Circular Letter No. 01 dated January 18, 2016, regarding Standard Operating Procedures…
Biometric Notifications 2023, Latest Notifications 2023, Life Certificate, NADRA, Pensioners Latest News
Notification of Pensioners Biometric Verification Through Life Certificate 2021
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The notification of pensioners biometric verification through life certificate 2021 has been issued by the Government of Pakistan, Finance Division (Budget Wing) publishing on 31st January, 2021 made amendments in Federal Govt Treasury Rules. Read More: New Pension System in Pakistan 2021 Pensioners Biometric Verification Through NADRA Biometric Verification 2021 In exercise of the powers…