Pakistan's Finance Division revises pension rules, lengthening family pensions and imposing a voluntary retirement reduction.

Pakistan's Finance Division has revised Federal Employees’ Pension Rules, implementing key changes to address rising pension costs. Family pensions will now last 10 years post-death of the retiree, with disabled children receiving lifelong support. Special family pensions extend to 25 years. Additionally, employees opting for voluntary retirement after 25 years will face a 3% pension reduction. These reforms aim to ease the financial strain on the federal government’s pension system.

September 11, 2024
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