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FG releases N22bn for accrued pension rights
The National Pension Commission has revealed that the Federal Government has released an additional N22bn through the Office ...
The Street Journal1d
PFAs: PenCom issues additional requirements for investing in commercial papers
The Commission highlighted that PFAs shall invest pension funds in CPs issued by corporate entities with valid minimum credit ...
technext242d
PenCom makes BVN mandatory for Retirement Savings Account registration from Feb 1
The National Pension Commission ( PenCom) has directed the provision of Bank Verification Numbers (BVN) for all Retirement ...
Pension in 8th Pay Commission: How much hike pensioners can expect, will there be a change in UPS?
Union Minister Ashwini Vaishnaw has announced on January 16, 2025 the formation of the 8th pay commission which is stated to ...
The Punch Newspapers15d
Pension fund investment in real estate shrinks to N20bn
According to the National Pension Commission guidelines on direct real estate investment dated September 2011, only closed pension fund administrators and pension fund administrators that operate ...
Dunya News19d
Pension Reforms: What will public servants get after retirement?
Earlier, 13 amendments to rules were proposed by the federal government to lessen burden on the national exchequer ... the annual increase in pension as a separate amount. The sixth amendment mandates ...
ThePrint20d
Headline: Pakistan’s New pension reforms aim to reduce PKR 45 trillion liabilities amid IMF pressure
Islamabad [Pakistan] January 2, (ANI): The Pakistan government has imposed a ban on receiving double pensions from the national treasury to meet ... following the recommendations of the Pay and ...
India TV20d
Pakistan's 'bold' solution to economic woes: Cut pensions of those who served the nation
According to the Ministry of Finance's notification, on the recommendations of the Pay and Pension Commission of 2020, "it has been decided that henceforth, in an event where a person becomes ...
The Indian Express20d
Pakistan govt reduces pension benefits of retired civil, armed forces personnel
According to the Ministry of Finance’s notification, on the recommendations of the Pay and Pension Commission of 2020, “it has been decided that henceforth, in an event where a person becomes entitled ...
The Hindu20d
Pakistan reduces pension benefits of retired civil, armed forces personnel
According to the Ministry of Finance's notification, on the recommendations of the Pay and Pension Commission of 2020, "it has been decided that henceforth, in an event where a person becomes ...
Business Recorder21d
Pension calculation formula announced
ISLAMABAD: The government has decided that pension shall be calculated on the basis of average of pensionable emoluments drawn during last 24 months of service prior to retirement. The Finance ...
The Express Tribune21d
Govt takes shine off pension benefits
The finance ministry's notifications stated that the changes in the pension rules have been made on the basis of recommendations given by a commission constituted by the government of former prime ...