Home » Cabinet Granted Approval For 15% Rise In Pension Benefits

Cabinet Granted Approval For 15% Rise In Pension Benefits

by Syed Hamza Imtiaz
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The federal cabinet has endorsed a proposal to enhance the pensions of federal government employees by 15 percent.

Additionally, the cabinet has sanctioned a notable raise in the salaries of federal government employees. Employees falling under grades 1 to 16 will witness a 25 percent salary hike, whereas those in grades 17 to 22 will experience a 20 percent increase.

It’s noteworthy that provincial governments are expected to emulate this decision and implement a 15 percent increase in pensions for their employees.

Both decisions are anticipated to be announced by Prime Minister Shehbaz Sharif during his parliamentary address later today.

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