National Bank branches in Islamabad, Rawalpindi, Lahore and Karachi started giving out pensions as soon as they opened in the morning.
Bank authorities said that an agreement had been signed with Pakistan Railways, according to which the bank will pay the pensions when the money provided by the Railways runs out. This money will be compensated later by Pakistan Railways.
The non-payment of pensions had caused a disturbance amongst former employees in many cities as they protested repeatedly against the authorities. A suo motu case was taken up in the Supreme Court on the issue and the chief justice had given Pakistan Railways a deadline to pay pensions and the salaries of the employees.
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