AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 215.53 Increased By ▲ 18.17 (9.21%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.79 Increased By ▲ 0.88 (14.89%)
DCL 9.17 Increased By ▲ 0.35 (3.97%)
DFML 38.96 Increased By ▲ 3.22 (9.01%)
DGKC 100.25 Increased By ▲ 3.39 (3.5%)
FCCL 36.70 Increased By ▲ 1.45 (4.11%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.13 Increased By ▲ 6.58 (5.16%)
HUMNL 13.63 Increased By ▲ 0.13 (0.96%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.32 Increased By ▲ 0.32 (4.57%)
MLCF 45.87 Increased By ▲ 1.17 (2.62%)
NBP 61.28 Decreased By ▼ -0.14 (-0.23%)
OGDC 232.59 Increased By ▲ 17.92 (8.35%)
PAEL 40.73 Increased By ▲ 1.94 (5%)
PIBTL 8.58 Increased By ▲ 0.33 (4%)
PPL 203.34 Increased By ▲ 10.26 (5.31%)
PRL 40.81 Increased By ▲ 2.15 (5.56%)
PTC 28.31 Increased By ▲ 2.51 (9.73%)
SEARL 108.51 Increased By ▲ 4.91 (4.74%)
TELE 8.74 Increased By ▲ 0.44 (5.3%)
TOMCL 35.83 Increased By ▲ 0.83 (2.37%)
TPLP 13.84 Increased By ▲ 0.54 (4.06%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.84 Increased By ▲ 1.87 (5.67%)
WTL 1.72 Increased By ▲ 0.12 (7.5%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

KARACHI: The Sindh government has sanctioned an increase of 17.5 percent on net pension with effect from July 01, 2023 until further orders to all civil pensioners of the Sindh government.

The increase in the pension as mentioned at Para-01 will also be admissible to the pensioners, who would retire on or after July 01, 2023, according to a communiqué here on Monday.

The term “Net Pension” means “Pension being drawn” minus “Medical Allowance”.

Sindh govt announces up to 35% raise in salaries, 17.5% hike in pension amounts

The increase will also be admissible to family pension granted under the Pension-cum-Gratuity Scheme 1954 Liberalized Pension Rules 1977 on pension sanctioned under the Central Civil Services (Extra Ordinary Pension) Rules as well as on the Compassionate Allowance under CSR-353.

If the gross pension sanctioned by the Sindh government is shared with any government in accordance with the rules laid down in Part-IV of Appendix III to the Accounts Code, Volume-1, the amount of the increase in pension will be apportioned between the federal government and the other government concerned on proportionate basis.

The increase in pension sanctioned will not be admissible to Special Additional Pension allowed in lieu of pre-retirement Orderly Allowance.

The benefit of increase in pension sanctioned will also be admissible to those Civil Pensioners of the Sindh government, who are residing abroad (other than those residing in India and Bangladesh), who retired on or after 15.08.1947 and are not entitled to or are not in receipt of pension increase under the British Government’s Pension (increase) Acts. The payment will be made at the applicable rate of exchange.

Comments

Comments are closed.

Tulukan Mairandi Jul 11, 2023 10:16am
Road to bankruptcy
thumb_up Recommended (0)
Builder Jul 11, 2023 02:14pm
@Tulukan Mairandi let's see how long India's honeymoon with US lasts.
thumb_up Recommended (0)
Pakistani1 Jul 11, 2023 07:10pm
Increasing expenses without increasing revenue is a tried and tested way to have long term financial problems.
thumb_up Recommended (0)
Syed Jul 11, 2023 07:28pm
@Tulukan Mairandi, Reduce the inflation & avoid criticism on poor pensioners.
thumb_up Recommended (0)
Ajmal Khan Jul 12, 2023 12:37am
Very very best step to government Sindh faver the pensioners person's because last year increase salary person 15% and pentinors only 5% last 3.7 year's Imran government every items food increased 6% to 40% I hope Sindh government other step benefits for penshenors
thumb_up Recommended (0)