Notification of Pension Increase-2023 issue by Government of Khyber Paktunkhwa

GOVERNMENT OF KHYBER PAKHTUNKHWA
FINANCE DEPARTMENT(REGULATION WING)

No.FDSO(SR-II)/2-4/2022/Pension                                      

Peshwar, Dated the 11^th July, 2023

NOTIFICATION:

No.FDSO(SR-II)/2-4/2022/Pension.         The Provincial Government has been pleased to sanction an increase @17.5% of net pension with effect from 1^st July, 2023 until further orders to all the Pensioners of the Government of Khyber Pakhtunkhwa.

2.                     This increase in pension @ 17.5% as mentioned at Para-1 above will also be admissible to those pensioners who will retire on or after 01.07.2023.

3.                     For the purpose of admissibility of increase in pension sanctioned in this notification to term “Net Pension” means “pension being drawn” minus “Medical Allowance”.

4.                 The increase will also be admissible on family pension granted under the Pension-Cum-Gratuity Scheme, 1954, Liberalized Pension Rules, 1977, on pension sanctioned under the Khyber Pakhtunkhwa Civil Servants Pension Rules (extra ordinary pension) as well as on the Compassionate Allowance.

5.                     If the gross pension sanctioned by the Provincial Government is shared with any Government in accordance with the rules laid down in Part-IV of Appendix-Ill to the Accounts Code, Volume-I, the amount of the increase in pension will be apportioned between Government of Khyber Pakhtunkhwa and the other Government concerned on proportionate basis.

6.                     The increase in pension sanctioned in this notification will not be admissible on special additional pension allowed in lieu of pre-retirement orderly allowance.

7.                     The benefit of increase in pension sanctioned in this notification will also be admissible to those Pensioners of Government of Khyber Pakhtunkhwa, who are residing abroad (other than those residing in India and Bangladesh) who retired on or after 15.08.1947 and are not entitled to, or are not in receipt of pension increase under the British Government’s Pension (increase) Acts. The payment will be made at the applicable rate of exchange.

DEPUTY SECRETARY (R-I)

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