ISLAMABAD (Monitoring Desk): The National Commission has issued a 10 percent increase in the pension of retired federal government employees. The increase in pension will be effective from July 1, 2021. According to details, President Arif Ali
Approves 10% increase in pension for government employees, after approval of President, Ministry of Nazal issues National Commission. Private TVA RY’s study and commentary state that the increase in pension will be implemented on July 1. Will be on pensioners from Civil Armed Forces including all pensioners.
It may be recalled that the federal government had announced in the next year’s budget not to impose a new tax on the salaried class and a 10 percent increase in the pensions of government employees. Finance Minister Shaukat Tareen had said in his budget speech that the pension of federal pensioners would be increased by 10 percent from July 1. The orderly allowance is being increased from Rs 14,000 to Rs 1,500 per month.