Punjab Govt Pensioners Pension Re-Fixation Notification June 2015

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Increases in pension of pensioners of the Government of the Punjab – Punjab Govt Pensioners Pension Re-Fixation Notification June 2015

GOVERNMENT OF THE PUNJAB FINANCE DEPARTMENT
Notification No.FD.SR-III/4-41/2008. Increases in pension of pensioners of the Government of the Punjab who retired on or before 30-06.2001 and had opted for 50% commutation of their full pension will be re-fixed with effect from 1st of July, 2015 by converting increases allowed on net pension prior to restoration of commuted value of pension into increases on gross pension. No arrears resulting from such re-fixation of increases in pension pertaining to the period prior to the restoration of commuted value of pension would be admissible. The arrears, if any, shall be paid to eligible pensioners or their legal heirs as specified in the Punjab Civil Services Pension Rules within a period not exceeding seven years starting from 1st of July, 2015 as per the schedule given hereunder:
A copy forwarded for information and further necessary action to: 1. All Administrative Secretaries / head of attached departments / autonomous bodies / special institutions / companies / funds / boards / commissions etc in the Punjab. 2. Registrar, Lahore High Court, Lahore. 3. All Commissioners of Divisions in the Punjab. -I. All District Coordination Officers in the Punjab. 3. Chief Inspector of Treasuries & Accounts, Government of the Punjab, Finance Department, Lahore. 5. Accountant General, Punjab, Lahore. 7. An District Accounts Officers in the Punjab / Treasury Officers, Lahore.

Punjab Govt Pensioners Pension Re-Fixation Notifixcation June 2015

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One thought on “Punjab Govt Pensioners Pension Re-Fixation Notification June 2015

  1. Muhammad Ibrahim Khalil

    Dear Madam,

    I want point out that in the above mentioned notification words “restoration of commuted value of pension” have been use which (I think) is not correct. In my opinion these should be “restoration of commuted portion of pension”

    Reply

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