Govt of the Punjab Finance Department has issued Notification No. FD.SR-III/4.320/2013 dated 22-07-2013 in connection with the increase in pension for the civil pensioners of the Province Punjab wef 1st July 2013. This increase in pension is @ 10% of the net pension.
The benefit of increase in pension for the pensioners in the year 2010,2011 & 2012 will also be admissible to the new pensioners retiring on or after 01-07-2013. In the same way this increase in 10% pension will also be admissible to the existing as well as the pensioners retiring on or after 1st July 2013.
Here net pension means Net Home Pension minus Medical Allowance included in the pension. The increase in pension is also for the Family Pension.