Notification Increase in Pension 2021 Punjab Pensioners

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Last Updated on July 12, 2021 by Galaxy World

Government of the Punjab Finance Department has issued an OM on 12-07-2021 in connection with Notification Increase in Pension 2021 Punjab Pensioners. The details of this notification are as under:

 

 

Notification Increase in Pension 2021 Punjab Pensioners

 

The main points of the enhancement of pension 2021 Punjab are as under:

 

  • The Punjab Government enhanced pension @ 10% of Net Pension.
  • Net Pension means here Total take-home pension minus a medical allowance.
  • The employees who retire on 1st July or later will also get this increase in pension @ 10% of the net pension.
  • This increase in pension Punjab is also for the family pension cases.
  • The employees who would retire on or after 1st July 2021 will also get the following enhancement in pensions:

 

Previous Pension Increases

 

The new retired employee who retired on 01-07-2021 or later will also get the following raises in pension during the previous years.

  • 15% increase vide Notification of the dated 11-07-2011
  • 5% increase vide Notification of the dated 23-07-2015
  • 10% increase vide Notification of the dated 18-07-2016
  • A 10% increase vide Notification of the dated 14-07-2017
  • 10% increase vide Notification of the dated 18-07-2018
  • A 10% increase vide Notification of the dated 19-07-2019

 

 

Notification Increase in Pension 2021 Punjab Pensioners

Punjab Pension Increase 2021

 

You may also like: Notification Adhoc Relief Allowance 2021 Punjab

 

Special Thanks: Rana Muhammad Saleem

Posted in: Pension Updates

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