Author name: admin

PESHAWAR ELECTRIC SUPPLY COMPANY Office of the Company Secretary PESCO No. 2684-85/204th BoD                                                                                                         18/07/2024 Subject: 204TH PESCO BOARD OF DIRECTORS MEETING {OTHER AGENDA POINT (1)} i.          ADOPTION OF THE GOVERNMENT OF PAKISTAN FINANCE DIVISION (REGULATION WING) OFFICE MEMORANDUM F.No.1(1)Imp/2024-254 DATED 10.07.2024, REGARDING GRANT OF ADHOC RELIEF ALLOWANCE-2024 TO THE EMPLOYEES OF FEDERAL GOVERNMENT. On the request of PESCO’s management, the Board of Directors PESCO In its 204th BoD meeting held on 12-07-2024, accorded approval for adoption of the following Office Memorandums of Finance Division (Regulation Wing) for implementation in PESCO. This approval is subject to the fulfillment of all codal formalities. 2.                 Government of Pakistan Finance Division (Regulation Wing) Office Memorandum F.No. 1(1) IMP/2024-254 Dated 10.07.2024, regarding Grant of Adhoc Relief Allowance-2024 to the Employees of Federal Government w.e.f 01.07.2024 till further orders. The rate of Adhoc Relief Allowance-2024 is as under: i. BPS-1 to 16 @ 25% of Running Basic Pay ii. BPS-17 to 22 @ 20% of Running Basic Pay Government of Pakistan Finance Division (Regulation Wing) Office Memorandum No. F.4(1)-REG-6/2023 Dated 10-07.2024, regarding Grant of Increase in Pension to Pensioners of the Federal Government in pension @ 15% to all Civil pensioners w.e.f. 01.07.2024 till further orders. 3.                 It is therefore, requested to please take further necessary action in the light of the hard decision under intimation to all concerned. 4.                 Detailed Minutes of the meeting will be issued in due course of time. Company Secretary PESCO