Pension
More News
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Civil servants may get up to 15% salary raise
Centre also likely to increase pensions of its retired ones by 10% in next budget
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Securing well-being of older people
Govts with big informal sectors should ensure labour rights, pension access
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Need to save EOBI pension scheme
A majority of the employers are violating the EOB Act, 1976 by denying the employees their basic right to pension
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Ministry to handle pension cases online
Teachers and non-teaching staff are expected to benefit from the digital process
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KMC employees to get pay, pension via online transfers
On instructions of Mayor Murtaza Wahab salaries and pension of KMC employees have been transferred to SAP application
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EOBI — a poverty manufacturing machine
Pakistan uses state institutions to deprive 90% of its workforce of their legal right to old-age benefits
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University employees stage demo
Seek govt announcement on salary, pension increases
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Govt employees want pension benefits revived
Governor assures AGEGA delegation their demands will be taken care of
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Govt notifies 15% in salaries, 5% increase for retired government employees
Minimum salary of a grade-1 government employee increased to Rs13, 550 while the maximum salary will be Rs26,450
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SC moved for stopping ex-GB chief judge’s pension
Lawyer contends Shamim is not entitled to benefits under law
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Cabinet approves pension reforms to ‘save billions’
Meeting told that changes can save up to Rs895 billion
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Reservists not entitled to minimum pension, rules SC
Court says they are fixed-rated pensioners, belong to a force distinct from army
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Pensioners asked to get biometric verification
Move aimed at identifying ghost accounts to plug leakages in expenditure
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K-P to discontinue pension facility for new higher education employees
Decision taken by the provincial government as part of belt-tightening measures
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Pay and pension anomalies
Around 26 departments are getting 50% to 100% higher than the standard pay for rendering ‘extraordinary services’
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Commission begins work to streamline pay, pension
Of Rs470b earmarked for pensions in current fiscal year, Rs369b is for military retirees
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Workers’ welfare
At present finalisation of pension is delayed so much that a number of workers die waiting for their pensions
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Pensioners demand raise
Seek 100% raise for employees who retired 5 years ago
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PSEs accused of illegally spending funds
Annual pension bill of state enterprises jumps to Rs470 billion
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The politics of pension reform
Politics remains the thorniest part
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Pension without pain
There is a need to immediately cap these massive unfunded pension labilities at their present level
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Sindh govt merges employees’ salaries, allowances to cut pensions
Adding annual increments to the basic pay will put a ‘heavy financial burden’ on the govt
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Pension for 100 years!
Besides the sheer size, what is really frightening is the pace at which the pensions are growing
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Pensioners confused over new system
Elderly people insist on getting payments from post offices
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Govt calls for reconfiguring pension system of varsities
Vice-chancellors want political interference in universities to end
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Relief for EOBI pensioners
Old-age pension is a well-designed scheme to provide succour to the elderly
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PTI govt raises EOBI pension to Rs8,500
PM says increase in pension a practical step towards formation of Islamic welfare state
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PTI govt begins identifying retired employees for pension payments
Will pay on pensioner ID cards, seeks to end payments to fake claimants
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US cop cleared of murder rehired to get pension: reports
Victims family has filed a multimillion-dollar civil suit
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Tax loaded and bloated budget
Pay, pensions rise; income tax threshold slashed; FBR collection target set at Rs5.5t; 8.2% budget deficit projected
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Sindh AG inaugurates pension centres
To facilitate retired employees of the Sindh government and their families
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Widows of LG employees to get pension
The Punjab government restores the power for clearing appointments made through the children quota
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Federal institutions asked to start e-filing of pension
Departments told to expedite resolution of pending cases
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LHC takes notice of measly pension given to ailing two-time war hero
Court seeks reply from concerned authority within three weeks time
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3,000 march in Moscow against unpopular pension reforms
Proposals to raise the state pension age to 60 for women and 65 for men has led to a number of protests
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Pension fund to be set up for MTI’s civil servants
All MTI’s will adopt provincial govt pension rules, create a small pension cell
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Addressing the pension liability
It is critical to accurately ascertain the government’s accrued pension liabilities
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The pension emergency
What’s happening with the bank’s pensioners is just the tip of the iceberg
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Rs3.8 billion disbursed to EOBI, govt apprises top court
The SC had sought a detailed report from the deputy attorney general regarding the payments
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Brazilian government admits defeat on pension reform
Analysts say timing of military intervention indicates Temer was looking for a way to save face
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Review petition: NBP challenges ruling to pay minimum Rs8,000 pension
Bank has avoided paying dividend to shareholders in case decision comes against expectations
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China overhauling pension system
Initial 10% of equity in state firms will be transferred to National Council for Social Security Fund
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NBP likely to be in financial mess if it loses review petition, president warns
Says bank’s equity will erode by one-fourth, credit exposure will increase
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SC rules in favour of retired employees
Declares 1977 Act regarding 70% pension statutory in nature as against NBP circular’s 33%
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SECP bars pension funds from charging sales load
Private pension fund industry grew 32% in FY17, assets reach Rs25b
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Rights of retirees: CJP takes notice of pension payout defaults
Tells senior officials to submit reports on instances of unprepared or incomplete papers.
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Streamlining: EOBI pensioners facilitated via ATMs
Pensioners hailing from other cities can register in any branch of Bank Alfalah till Nov 30
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Pensionary benefits: Two PCO judges make demand for pension
Write to bar council to intervene and help implement a SC order
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Litigation a retirement gift for pensioners
Thousands of retired people have approached the federal ombudsman and the presidency to get their rights
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Deadline set: Ombudsman wants pension cases cleared
Departments directed to clear all cases within 30 days