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ISLAMABAD: The government has decided that pension shall be calculated on the basis of average of pensionable emoluments drawn during last 24 months of service prior to retirement.

The Finance Division (Regulations Wing) issued an office memorandum, “calculation of emoluments for the purpose of pension”, stated “…on the recommendations of Pay and Pension Commission-2020, it has been decided that henceforth, pension shall be calculated on the basis of average of pensionable emoluments drawn during last 24 months of service prior to retirement.”

Finance Division notifies 10-year limit for family pension

“Existing instructions on the subject shall stand amended to the extent of above with immediate effect,” it added.

Copyright Business Recorder, 2025

Comments

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Maqbool Jan 02, 2025 04:04pm
At every opportunity the Shabaz Sharif government seems to increase pensions and government salaries, at the drop of a hat, while pretending to stem the tide , as promised to IMF and us the people
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Atta Jan 02, 2025 10:41pm
Can someone send me pension calculation formula?
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