Last Updated on July 21, 2022 by Galaxy World
Government of the Punjab, Finance Department issued a Notification on 21-7-2022 in connection with Pension Increase 2022 Punjab @ 15% of the net pension. The Notification of Pension Increase @ 10% Punjab has already been issued. Now it is a revised letter, in this letter, the pensioners of Punjab will get an overall 15% increase in their pension.
Pension Increase 2022 Punjab @ 15%
I am directed to state that the Governor of Punjab has been pleased to enhance the existing rate of increase in net pension (i.e 10% granted with effect from 1st April 2022 vide Notification of the dated 01-07-2022) to 15% with effect from 1st July 2022. This Notification will affect till further orders. All civil pensioners of the province of Punjab will get this increase who will retire on or after 1st July 2022.
The five increases in pension will cease to exist for the pensioners who will retire on or after 1st July 2022. These increases are as under:
- 2016 Increase in Pension @ 10%
- 2017 Increase in Pension @ 10%
- 2018 Increase in Pension @ 10%
- 2019 Increase in Pension @ 10%
- 2021 Increase in Pension @ 10%
Mr. Zahid Khan
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The pensioners of the province of Punjab were awaiting this Notification for many days. They got the 10% increase Notification. They were in confusion about whether they will get a further 5% pension increase or not. But now they will have to no more confused.