I am sharing here the Clarification of Pension Increase 2022 @ 15% instead of 05% Punjab. The pensioners of the Punjab Government were worried about the only 5% increase in pension in the Budget 2022-23. During the Budget Speech 2022-23 Punjab, the Provincial Minister announced to increase 5% the pension for the pensioners.
Pension Increase 2022 @ 15% instead of 05% Punjab
Sr. No
Pension Rate
Date Effective
1
10% of net Pension Minus Medical Increase
1st April 2022
2
05% of net Pension Minus Medical Increase
1st July 2022
3
Total Pension Enhanced
15% Increase
This announcement of the Minister worried and upset the pensioners. They were expecting to announce a 15% pension as Federal Government did. Federal Government increased pension @ 10% with effect from 1st April 2022 and 5% increase in pension with effect from 1st July 2022. Thus the Federal pensioners will get a total 15% raise in their pension this year.
Clarification by Provincial Minister Mr. Awais Leghari.
Clarification
In the post-budget press conference, the Provincial Minister Mr. Awais Leghari clarified that the Punjab Government pensioners will get a 5% pension increase with effect from 1st July plus a 10% pension increase with effect from 1st April 2022.
This is good news for the pensioners of Punjab. They will now get a 15% pension. They will also get arrears of pension wef 1st April 2022 @ 10%.
Assalamo alaikum sir,
5% Pension fron 1st july 2022, Will be on pension withdrawn in june 2022 or march 2022?
Plz clarify this point.
Jazak Allah
It will be finally clarified at the time of Notification, however, I hope this 5% will be on the pension that increased after 10% wef 1st April 2022.