Notification / OM No.
No. 2684-85/204th BoD
Dated:
18-July-2024
Notification Issued By:
OFFICE OF THE COMPANY SECRETARY PESCO, PESHAWAR ELECTRIC SUPPLY COMPANY
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.
- GRANT OF INCREASE IN PENSION TO PENSIONERS OF THE FEDERAL GOVERNMENT VIDE OFFICE MEMORANDUM No. F. 4(1)-Reg.6/2023 DATED 10.07.2024
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
