Notification Increase in Pension 2016

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Notification Grant of Increase Pension 2016

Government of Pakistan Finance Division (Regulations Wing)
No. F. 4(1)-Reg.6/2016-870. Islamabad, the 1s` July, 2016. OFFICE MEMORANDUM
Subject: – GRANT OF INCREASE IN PENSION TO PENSIONERS OF THE FEDERAL GOVERNMENT. 

The President has been pleased to sanction an increase @ 10% of net pension with effect from 15′ July, 2016 until further order 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. However, 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, who are 85 years old or more, shall be allowed 25%, instead of 10%, increase in their net pension w.e.f.01.07.2016. 3. The 10% increase in pension as allowed vide Finance Division’s O.M. No. 4(1)- Reg.6/2013, dated 16.07.2013 and 10% increase in pension as allowed by Finance Division’s O.M. No. 4(1)-Reg.6/2014, dated 07.071014 shall be discontinued for those who would retire on or after 01.07.2016. 4. However, 15% increase in pension as allowed vide para-1(ii) of the Finance Division’s OM. No. F. 4(1)-Reg.6/2010-721, dated 05.07.2010, 15% increase in pension as allowed vide paras-12(i) of Finance Division’s O.M. NO. F. 1(5)-Imp/2011-419, dated 04.07.2011 and 7.5% increase in pension as allowed vide para -1 of Finance Division’s OM. No 4(1)-Reg.6/2015-697, dated 07.07.2015 shall be admissible to the new pensioners who would retire on or after 01.07.2016. 5. The 10% increase in pension as mentioned at para-1 above will also be admissible to the pensioners who would retire on or after 01.07.2016. 6. 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”. 7. 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. 8. 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. 9. 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. 10. The benefit of increase in pension sanctioned in this O.M. will also be admissible to those Civil Pensioners of the Federal Government 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 he made at the applicable rate of exchange. r– (Muhammad-I( ‘ –Section Officer(R-6)
ALL MINISTRIES/DIVISIONS/DEPARTMENTS.

Notification Grant of Increase Pension 2016 a Notification Grant of Increase Pension 2016 b

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One thought on “Notification Increase in Pension 2016

  1. farooq qadri

    Dear sir:Manager National Bank Naushehra Khushab denies to give increase of 25% on Family Pension Saying that Pensioner should be of age 85 or Plus while His Family is not admissible to this increase of 25% after age of 85+.

    Reply

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