New Pension Fund Scheme Launched: Federal Employees to Contribute 10% with Government Matching 20% from July 2024-Notification

Notification / OM No.

No.F.9(3)-Reg.6/2015

Dated:

20-August-2024

Notification Issued By:

Regulations Wing, Finance Division, Government of Pakistan

No.F.9(3)-Reg.6/2015
Government of Pakistan
Finance Division

(Regulations Wing)

Islamabad, the 20th August  2024

Advertising

OFFICE MEMORANDUM

Subject:- INTRODUCTION OF CONTRIBUTORY PENSION FUND SCHEME FOR THE NEW ENTRANTS.

The undersigned is directed to refer to the subject noted above and to state that in pursuance of Cabinet Decision in case No ECC-134/13/2024 dated 27.06 .2024 Federal Government has decided that in future. Contributory Pension Fund Scheme shall be introduced for all the Civil Employees of the Federal Government including Civilian paid from Defence Estimates who are appointed on regular basis on or after 01.07.2024. This scheme shall also be applicable to the Armed Forces who are appointed on regular basis on or after 01.07.2025.

2.         The rate of contribution from the employees and the Federal Government as under;

Advertising

(I)         Contribution @ 10% of the Basic Pay by the employees

(ii)             Contribution @ 20% of the Basic Pay of the employees by the Federal Government.

3 . This rate of contribution is purely provisional and subject to change.

4.         This O.M. may be adopted in true letter and spirit.

Advertising

Section Officer (Reg.6)

ALL MINISTRIES/DIVISIONS/DEPARTMENTS:

New Pension Fund Scheme Launched Federal Employees to Contribute 10% with Government Matching 20% from July 2024-Notification
New Pension Fund Scheme Launched Federal Employees to Contribute 10% with Government Matching 20% from July 2024-Notification
Advertising
  • Articles
  • Departments
  • Downloads
  • Government Jobs
  • Leaves & Timings
  • News
  • Notifications
  • Pension-Pay & Allowances
  • Uncategorized
    •   Back
    • Pension
    • Adhoc Relief Allowance
    • Family Pension
    • Employees Welfare
    • Wages
    • All Other Allowances
    • House Hiring
    •   Back
    • Finance Department
    • Education Department
    • Court, Law & Justice
    • Power & Energy Department
    • State Bank
    • AGPR
    • Rules & Regulations
    •   Back
    • Local Holidays
    • School Timings
    • Office Timings
    • Bank Holidays
    • All Other Leaves
    • Maternity & Paternity Leaves
    • Public Holidays
    •   Back
    • Federal
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa (KPK)
    • Balochistan
    • Gilgit Baltistan
    • Azad Jammu and Kashmir (AJK)
    •   Back
Load More

End of Content.

Be Part of Our Vocal Community

Join Our Whatsapp Group

Join Our Facebook Group

Join Our Linkedin Group

ISLAMABAD WEATHER

Share!

Picture of M Sohaib Alim

M Sohaib Alim

Senior article writter

Leave Comment


Where knowledge meets entertainment! Our website is cover with an aim of تدبیر(Plan), تحقیق(Research) and تخلیق(Creation). Welcome to a vocal country!

Stay In Touch!

Subscribe To Our Newsletter


By Clicking you are Agreeing to our Terms and Services