Introduction of Contributory Pension Funds Scheme in Pakistan for the New Entrants issued by Finance Division, Regulations Wing, Government of Pakistan. Office Memorandum No.F.9(3)-Reg 6/2015 dated 20th August, 2024.
Contributory Pension Funds Scheme:
Federal Government has decided that in future, Contributory Pension Fund Scheme shall be introduced for all the Civil Employees of the Federal Government including Civilian paid from Defense Estimates who re appointed on regular basis on or after 01-07-2024. The scheme shall also be applicable to the Armed Forces who are appointed on regular basis on or after 01-07-2025.
The Rate of contribution from the employees and the Federal Government is as under: –
- Contribution @ 10% of the Basic Pay by the employees.
- Contribution @ 20% of the Basic Pay of the employees by the Federal Government.
This rate of contribution is purely provisional and subject to change.
