Pension Updates

Government of Pakistan, Ministry of Overseas Pakistanis and Human Resource Development issued a notification on  17-08-2023 in connection with the Increase in Minimum Pension 2023. As per the Notification the Government increased the minimum pension from Rs. 8500/- per month to Rs. 10,000/- per month. The government increases pensions under Subsection (a) of Section 2 of the Employee’s Old Age Benefits Act, 1976. Here are more details:-

Government of the Punjab, Finance Department issued an OM on 08-08-2023 in connection with the Revised Notification Increase in Pension 2023 @17.5% Punjab.  According to this Notification, the pensioners of the Punjab province will get an increase in pension @ 17.5% of their net pension. The details are as under:

Government of the Punjab, Finance Department issued a Notification on 18-07-2023 in connection with the Increase in Pension Punjab 2023 @ 5% of Net Pension. The pensioners of the Punjab province will get this enhancement on pension with effect from 1^st July 2023. The details are as under:

Government of the Punjab, Finance Department issued a Notification on 12-07-2023 in connection with Amendments in Punjab Pension Funds Rule 2007 in 2023. The details are as under:

Government of Khyber Pakhtunkhwa, Finance Department issued a Notification on 11-07-2023 in connection with an Increase in Pension 2023 @ 17.5% on Net Pension KPK. The pensioners of the KP will get the revised pension with effect from 1^st July 2023. The details are as under: