Inclusion of Adhoc Allowances in the Emolument Reckonable Towards Calculation of Pension
Federal Service Tribunal Islamabad has passed a judgment on 22-02-2012 regarding Inclusion of Adhoc Allowances in the Emolument Reckonable towards Calculation of Pension and the finance division Islamabad vide their letter No. F.13 (24)- Reg.6/2011/395 dated 05-04-2012 has desired calculation of financial impact of the following allowances as emoluments reckonable towards pension of those pensioners who were drawing the said allowance or allowances at the time of their retirement.
Posted inEmployees Corner Pension Updates
Main Points to Keep in Mind While Going on LPR or Leave Encashment
I am going to explain some main points that can be very helpful during the process of LPR or Leave Encashment. If you follow these points you will really have to face no problem and your case of pension will really goes smoothly. Some times due to little mistakes the case of pension lingers on for months thus the employee have to face many difficulties and financial problems.
Posted inEmployees Corner Pension Updates
Introduction of Biometric Smart Card for the Pensioners
NADRA has prepared procedure of Biometric Smart Card for the convenience of the Pensioners. Now the Pensioners will get their pension from any Bank, Post Office or alternative sources where there will be available the Biometric platform.
Posted inEmployees Corner Pension Updates
Calculate Your Pension & Commute in Just 5 Seconds with Simple Software
It is very simple software designed in MS Excel Sheet, prepared by Mirza Asghar Baig. You can find out your pension and commute in just less than 5 seconds with the help of this software. You have to feed only your Basic Pay, Length of Service & Age and this formula will calculate your Pension along with allowances and commute. You can say that it is a very simple Pension Calculator.
Posted inEmployees Corner Leave Rules Pension Updates
How to Calculate Encashment of Leave Preparatory to Retirement?
When an employee is retired from Govt service on the basis of Encashment, the encashment of leave is due for the said employee. This encashment is granted to the employee on the leaves in his/her credit not exceeding to 365 days according to new rules of encashment of 2012. The greater the number of leaves in his/her credit the more encashment he/she will get.
Posted inEmployees Corner Pension Updates
Pension Documents
Pension documents are the documents that are submitted at the time of a retirement of a employee. There are many documents that are submitted at the time of retirement. There are involved gratuity, notification of retirement etc. These are mentioned below: These documents are necessary for submission the case of Pension to higher authorities.