Punjab Government Announces 15% Pension Increase for Next Year

Punjab Government Announces 15% Pension Increase for Next Year

The Punjab government has announced a 15 percent increase in pensions for retired officials.

Punjab Finance Minister Mujtaba Shuja ur Rehman made the announcement on Thursday while presenting the budget proposals for the next fiscal year.

Additionally, the Punjab government has proposed a 25 percent salary increase for Grade 1-16 employees, and a 20 percent increase for Grade 17-22 employees.

This announcement follows the federal government’s proposal of a similar 15 percent increase in pensions for its retired officials.

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