Minimum Pension Raised to Rs12,000; Notification Issued

Minimum Pension Raised to Rs12,000; Notification Issued

Islamabad, July 6, 2023 – The government of Pakistan has taken a significant step towards improving the welfare of retired individuals by announcing a substantial increment in the minimum pension.

Effective from July 1, 2023, the minimum pension has been increased from Rs10,000 to Rs12,000 per month.

In a notification issued on Wednesday, July 5, 2023, by the ministry of finance stated that the President sanctioned the increase in the minimum pension for civil pensioners of the Federal Government. This increase is also applicable to civilians paid from Defense Estimates, Armed Forces Personnel, and Civil Armed Forces Personnel.

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The government’s decision to raise the minimum pension demonstrates its commitment to ensuring a decent standard of living for retired individuals who have dedicated their lives in service to the nation. The increment from Rs10,000 to Rs12,000 per month will provide much-needed financial relief and stability to pensioners.

Furthermore, the minimum family pension, granted to the families of retired government employees, has also witnessed a significant increase. Under the Pension-cum-Gratuity Scheme 1954 and the Liberalized Pension Rules, 1977, the minimum family pension has been raised from Rs7,500 to Rs9,000 per month. This adjustment acknowledges the importance of supporting the families of retired personnel and aims to alleviate their financial burdens.

The government’s decision to enhance both the minimum pension and minimum family pension reflects its dedication to improving the social security and well-being of retired individuals and their families. This increase in financial support will help pensioners and their families meet their basic needs and enjoy a better quality of life.

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The increment in the minimum pension to Rs12,000 per month and the increase in the minimum family pension to Rs9,000 per month will play a vital role in uplifting the living standards of retired government employees. It is a testament to the government’s commitment to ensuring a dignified and secure future for those who have served the nation.