WAPDA Notification Regarding 15% Pension Increase for Current and Future Retirees Starting July 2024
Notification / OM No.
No. FO(B&F)/37-9/Ind/Vol-9/2284-2333
Dated:
12-August-2024
Notification Issued By:
Office of the General Manager Finance (Coord:) Finance Division (Regulations), Pakistan Water and Power Development Authority
Pakistan Water and Power Development Authority
Office of the
General Manager Finance (Coord:)
Finance Division (Regulations),
No. FO(B&F)/37-9/Ind/Vol-9/2284-2333 Date 12/08/2024
OFFICE ORDER
Sub:- GRANT OF INCREASE IN PENSION TO WAPDA PENSIONERS – 2024
The Authority has been pleased to sanction increase @ 15% of Net Pension to all WAPDA Pensioners including Family Pension.
2 The 15% increase in pension as allowed vide para-1 above will also be admissible to the pensioners who would retire on or after 01.07.2024.
3. For the purpose of admissibility of increase in pension sanctioned in this O.O, the term “Net Pension” means “Pension being drawn” minus “Medical Allowance”.
4. The increase in pension sanctioned in this O.O 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.
5. This order is effective from 1st July, 2024.
Manager A&F (Regulations)