Govt proposes 13 amendments to pension scheme
Pakistan
Government employee will get pension from only one department if re-employed
ISLAMABAD (Dunya News) - Thirteen amendments have been proposed by the federal government to the pension scheme to relieve the burden on the national exchequer.
According to sources, the first amendment proposes that the government employees will receive a gross pension equal to seventy percent of their salary from two years before retirement.
The second amendment allows employees to retire willingly after 25 years of service. The third revision stipulates that those who opt for voluntary retirement at least three years before reaching the age of 60 will face a pension deduction of between five and 20 percent per annum.
The fourth amendment bases the annual increase in pension on the amount received at the time of retirement. The fifth amendment counts the annual increase in pension as a separate amount. The sixth amendment mandates that the Pay and Pension Commission will review the baseline pension every three years.
Also, the seventh amendment allows a pensioner's family to receive the pension for up to 10 years. Another amendment provides lifetime pensions for the children of pensioners if they are physically or mentally disabled.
Another one specifies that those who join government service after retirement can receive either a pension or a salary. The 12th revision ensures that a government employee will be allowed to a pension from only one department if re-employed.
The 13th amendment states that if both husband and wife are government employees, both will receive a pension upon retirement.
