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اردو

Apr 06, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print Print 2025-01-02

Pension calculation formula announced

Tahir Amin Published January 2, 2025

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.

Finance Division Federal Government pension pension reforms

Comments

Comments are closed.

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

Recommended (0)

Atta Jan 02, 2025 10:41pm

Can someone send me pension calculation formula?

Recommended (0)

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USD PKR Interbank Selling / Apr 4	280.53
USD PKR Interbank Buying / Apr 4	280.28
USD to Japanese Yen / Apr 4	146.93
USD to Swiss Franc / Apr 4	0.86
Pound Sterling to USD / Apr 4	1.29
Euro to USD / Apr 4	1.10
UK LIBOR % / Apr 4	4.96

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Tokyo Nikkei / Apr 4	33,780.58
Nasdaq / Apr 4	15,587.79
Hang Seng / Apr 4	22,849.81
FTSE 100 / Apr 4	8,054.98
Dow Jones / Apr 4	38,314.86
Germany DAX 30 / Apr 4	20,641.72
France CAC40 / Apr 4	7,274.95

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Crude Oil USD/Barrel / Apr 4	61.99
Karachi Cotton PKR/37.32 KG / Apr 4	17,085
Gold 10 Grams PKR / Apr 4	284,298.40
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