Good News! Government Issued Notice of Increase in Salary and Pension

Good News! Government Issued Notice of Increase in Salary and Pension

Good News! Government Issued Notice of Increase in Salary and Pension

Good News! Government Issued Notice of Increase in Salary and Pension

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The government of Pakistan has announced a significant increase in salaries and pensions for public sector employees, as detailed in the Budget 2024-25.

According to a notification from the Finance Division, employees up to grade-16 will receive a 25 percent rise in adhoc relief allowances, while those in grades 17 to 22 will see a 20 percent increase.

Furthermore, pensions for federal employees will be raised by 15 percent, as proposed in the Budget 2024-25.

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Salary Increment Notification 2024

The notification specifies that these adjustments pertain to all federal government employees, encompassing armed forces personnel, civil armed forces, and civilian federal government employees.

The adhoc relief allowances are subject to taxation and will be disbursed during regular absences and retirement preparations, excluding periods of extraordinary leave.

Additionally, this allowance does not impact calculations for pensions, gratuities, or housing allowances, nor is it provided during employees’ foreign assignments. Payment resumes upon their return and reappointment.

 

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