Finance Department

Get the latest Finance Department notifications covering budget allocations, economic policies, and financial assistance programs. Vocal Pakistan offers timely insights for a clear view of fiscal matters that affect employees and departments alike.

Grant of increase in Pension to Pensioners of the Federal Government
Pension, Departments, Federal, Finance Department, News, Notifications, Pension-Pay & Allowances

Grant Of Increase in Pension To Pensioners Of The Federal Government

Government of PakistanFinance Division(Regulations Wing) No. F. 4(1)-Reg.6/2023                                                                                  Islamabad, the 05th July, 2023. OFFICE MEMORANDUM Subject: –   GRANT OF INCREASE IN PENSION TO PENSIONERS OF THE FEDERAL GOVERNMENT The President has been pleased to sanction an increase @ 17.5% of net pension with effect from 1st July, 2023 until further orders to all Civil Pensioners of the Federal Government including Civilians paid from Defence Estimates as well as retired Armed Forces Personnel and Civil Armed Forces Personnel. 2. The increase in pension @ 17.5% as mentioned at para-1 above will also be admissible to the pensioners who would retire on or after 01.07.2023. 3. For the purpose of admissibility of increase in pension sanctioned in this O.M. the 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 Central Civil Services (Extra Ordinary Pension) Rules as well as on the Compassionate Allowance under CSR-353. 5. If the gross pension sanctioned by the Federal Government is shared with any Government in accordance with the rules laid down in Part-IV of Appendix-III to the Accounts Code, Volume-I, the amount of the increase in pension will be apportioned between the Federal Government and the other Government concerned on proportionate basis. 6. The increase in pension sanctioned in this O.M. will not be admissible on Special Additional Pension allowed in lieu of pre-retirement Orderly Allowance and monetized value of a driver or an orderly. Deputy Secretary (R-III)

Disbursement of Pay and Allowances Pension for the month of June 2023
Federal, Departments, Finance Department, News, Notifications, Pension-Pay & Allowances

Disbursement of Pay and Allowances/ Pension for the Month of June, 2023 in Advance to all Federal Government Servants and Pensioners on the occasion of Eid-Ul-Azha

Government of Pakistan Finance Division (Expenditure Wing) No. 4(4) Exp-III/2011-68 Islamabad, the 19 June, 2023 From:             (Saeed Akhter) Section Officer (Exp-III) To:                  The Controller General of Accounts Office of the Controller General of Accounts Islamabad. SUBJECT:    DISBURSEMENT  OF PAY AND ALLOWANCES/ PENSION FOR THE Month of June, 2023 IN advance to all federal government SERVANTS AND PENSIONERS ON THE OCCASION OF EID-UL-AZHA Eid-ul-Azha will be celebrated on 29th or 30th June, 2023 (depending upon sighting of the Moon). It is, therefore, requested that arrangements may be made to disburse the salary and pension for the month of June, 2023 to the Federal Government servants and pensioners on 23’d June, 2023, as per Rule-217 of Federal Treasury Rules (Vol-I). Section Officer (Exp-III)

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