The federal government has amended the pension rules, after the death of retired employees, the period of family pension has been set at 10 years, while the period of special family pension has been set at 25 years.
According to the report of Moqar Qaumi newspaper, the widow of the deceased employee will get a pension for 25 years, however, if any child of the deceased retired employee is disabled or special, he will receive a family pension for life.
The application of the new and amended pension law will be immediate in the federal and armed forces. In this regard, three office memorandums were issued by the Ministry of Finance yesterday, in which it has been stated that important amendments have been made to the pension scheme. It has been done on the recommendations of the Pay and Pension Commission 2020.
In the first office memorandum issued by the Ministry of Finance regarding Special Family Pension, it has been stated that the Pay and Pension Commission gave its recommendations in 2020, in the light of which the government has issued an office memorandum while implementing the pension reforms.
According to the first memorandum issued by the Ministry of Finance regarding the special family pension, the term of the family pension of the martyrs has been extended to 25 years. will
According to the office memorandum, widows and children of martyred armed forces personnel will be given a special pension and 50% more pension than the pension of retired armed forces personnel.
According to the second office memorandum, a period of 10 years has been fixed for the normal family pension, but even under the normal family pension, the child entitled to the family pension of the deceased pensioner will receive the family pension for life in case of a disabled or special child. However, if the child eligible for pension is a minor, then the pension will be given for 10 years or until the child attains the age of 21 years, whichever is later.
According to the third official memorandum of the Ministry of Finance, federal employees can retire after 25 years of service, but the pension will be reduced by 3% for every year remaining till the age of 60 years.
The said deduction shall not exceed 20% of the pension. Pension deduction shall apply to the employees of the Armed Forces on premature retirement if the service prescribed for the rank is not completed. Orders have been issued to implement the law immediately.
