The Federal Government issued a notification regarding the increase in Pensions. Due to the high inflation rate in Pakistan, the government decided to increase the pensions from 1st July 2023. After viewing the current economic circumstances, they decided to add 1500 more to the pensioner’s salary. Thus, they increased pension by 17% for the existing pensioners. For the ease of pensioners, we shared the complete details and the official notification. The Federal and provincial pensioners now have an increase in pension @ 17.5% of their existing net assistance.
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Increase in Pension Along with 17% Increase
View the enhancement in pension issued by the Federal government.
Previous Amount of Pension | Enhancement | Amount of Pension including after increase |
Rs. 8,500/- | Rs. 15,00/- | Rs. 10,000/- |
The government made a good decision by increasing pensions. The increase in Pension for existing pensioners will allow them to meet their needs. The enhancement in retirement is convenient in these severe economic situations.