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All Stories: pension

Sindh decides to amend Civil Service Act 1973 to end pension

KARACHI: The Sindh government has decided to amend Civil Service Act 1973 to end provision of monthly pensions to retired employees, ARY News reported...

‘Pension is a huge burden on government’

KARACHI: Federal Minister for Finance, Muhammad Aurangzeb, on Saturday termed the pension for retired employees as a burden on the government, ARY News reported. Addressing...

UK debt faces fresh pensions headwind

UK's pensions industry, Europe's biggest, is posing a new challenge to the country's 2 trillion pound ($2.5 trillion) government bond market a year on...

UK to shake up private pensions

UK said on Monday it will launch a public consultation on new rules requiring higher disclosure standards from private pensions schemes to give savers...

IHC dismisses CAA’s pension cut order

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the Civil Aviation Authority's (CAA) notification with regard to a major cut in employees' pension,...

CAA applies major cut on employees’ pensions

KARACHI: The Civil Aviation Authority (CAA) has applied a cut on the pension of its retired employees, ARY NEWS reported quoting sources. According to...

Punjab govt to disburse June’s salary, pension in advance

LAHORE: The Punjab government has decided to disburse the salary and pension of all the government servants and pensioners for the month of June...

Budget 2022-23: Salaries, pension of govt employees likely to be increased

ISLAMABAD: Federal government is mulling over proposals to increase the salaries and pension of government employees and had prepared three proposals for a hike...

Sindh govt approves new pension policy, lowers retirement age

KARACHI: Sindh cabinet has approved a pension policy for the province, reducing the age for retirement for the provincial government employees, ARY NEWS reported. According...

Policy rate on pension, other savings raised following SBP orders   

ISLAMABAD: Policy rates on pension and other saving schemes in the country have been raised, following an increase in interest rate by the State...

Retired PIA employees yet to receive pension for September: sources

KARACHI: A large number of Pakistan International Airlines (PIA) pensioners have been facing troubles as they have not yet received their pension for the...

Federal govt notifies 10pc raise in pension

ISLAMABAD: The federal government has announced a 10 percent increase in the pensions of retired federal government employees, ARY News reported. Finance Ministry issued notification...

No new taxes on salaries & pensions, FBR clarifies

There are no new taxes recommended by FBR on the salaried people and those availing pensions, the tax collector said

Punjab cabinet approves budget 2021-22 with 10% rise in salaries, pensions

The cabinet meet today to review and approve the budgetary proposals for the next fiscal year

Retired govt employees to get 10 per cent pension raise

The retired employees of the federal government will get an increase up to 10 per cent in their monthly pensions from July 1.

Budget 2021-22: Punjab govt proposes 10pc increase in salaries, pensions of govt employees

The development outlay-Annual Development Plan (ADP)- for the province will be set at Rs480 billion for the next fiscal year.

SHC directs to freeze CM Sindh, cabinet members’ salary over pension delay

The two-member Sukkur bench of the SHC heard a case regarding a delay being made in the payment of pension to retired employees.

Will stop salary of CM Murad if pensions were not released in two weeks: SHC

The court adjourned the hearing till February 16.

Fake IDs case: ACE seizes pensioners’ records during raid at DAO Hyderabad

The Anti-corruption Establishment (ACE) team has raided the District Accounts Office (DAO) in Hyderabad in connection with the alleged irregularities in pension payments worth millions by using fake identities.

IHC rubbishes govt employee’s demand for pension, benefits after 18 years of absence from service

The government employee by the name of Muhammad Riaz was removed from service prior to the approval of pension and retiree benefits, the court has reinstated the removal.
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