Salary and Pension Increase in Today Budget 2016-2017?
Budget Leaks 2016
Islamabad (Friday, 3rd June 2016 / News Update of Annual Budget) – Today Government of Pakistan presenting annual fiscal budget 2016-2017. Finance Minister Muhammad Ishaq Dar will announce in National Assembly session today evening. Government employees are waiting for increase in their pay and pesnion. They are expecting more than it will be announced. But what are latest leaks regarding increase in Salaries and pension?
Option No.1:– (a) Merging of adhoc allowances of amounting 27.5% in basic pay scales. (b) Adoc Alowacne on new revised Pay Scales % 10%. Net increase in overall salary is 35 percent.
Option No.2:- Merging of 30% allowances in Basic pat Scales and Revision of Pay Scales 2016.. Then adhoc allowance of @7.5 Percent. Increase in medical allowacne. Net overall increase in Salaries will be 30%.
Increase in Pension of Retired Employees / Pensioners:-
15% Increasse in Pension is expected. While Medical Allowance provision method will be be revised.