Last Updated on July 9, 2021 by Galaxy World
Finance Department Khyber Pakhtunkhwa has issued a Notification on 07-07-2021 in connection with Executive Allowance 2021 KPK @ 150% on Running Basic Pay.
Executive Allowance 2021 KPK @ 150% on Running Basic Pay
Some features of the EA 2021 Khyber Pakhtunkhwa are as under:
- The Government of KP has been pleased to grant the Executive Allowance to all officers of PAS, PCS, PMS serving under Govt of Khyber Pakhtunkhwa.
- There is no condition whether they posted against scheduled posts or not.
- They will get this EA @ 150% of their running basic pay per month.
- These officers will get this allowance with effect from 1st July 2021.
- 20% of the difference between the running basic pay and initial basic pay they will deduct as part of the “Pay as you go” pension contribution.
- This allowance is not for the purpose of pension or gratuity.
Examples of calculation of EA 2021 KPK
I explain the details of 150 % of the running basic pay as under:
- If an employee is getting now Rs. 20000/- as running basic pay then he will get Rs. 30000/- as Executive Allowance
- An employee with 40000/- as Basic Pay will get Rs. 60000/- as EA 2021
- The employee who is getting Rs. 100,000/- basic pay will get Rs. 150,000/- as Executive Allowance 2021
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