Third-party review forms part of a broader reform programme to modernise EOBI, expand pension coverage and strengthen contribution recovery.
(more…)Tag: pension
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Pakistan allocates Rs1.17 trillion for pensions in FY2026-27
Military and civil pension allocations increase by nearly 12%, while funding for the Federal Pension Fund more than doubles.
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Pakistan Raises Salaries, Pensions and Minimum Wage in Budget 2026–27
Government announces 7% pay hike and higher minimum wage to support workers
ISLAMABAD, June 12, 2026 — Pakistan raises salaries, pensions and minimum wage in Budget 2026–27, announcing relief measures for government employees and low-income workers amid rising living costs.
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Government scraps pension rules on re-employment, withdraws recent notifications
Islamabad, December 18, 2025 – In a significant policy reversal, the federal government has withdrawn recent notifications regulating pension entitlement during re-employment, scrapping decisions introduced earlier this year on how retired officials could receive salary and pension simultaneously.
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Overseas Pakistani pensioners to get speedy pension payments
Islamabad, November 23, 2025: The Ministry of Finance, in collaboration with the Controller General of Accounts (CGA) and the Accountant General Pakistan Revenues (AGPR), has launched initiatives to improve pension disbursements for overseas Pakistani retirees, the Associated Press of Pakistan reported.
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Karachi University hosts seminar on tax filing, pension reforms
Karachi, October 7, 2025 – The University of Karachi hosted an informative seminar titled “Impacts of Income Tax Filing and Amendments in Pension Rules” at the Karachi University Business School Auditorium on Tuesday.
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Govt notifies contribution pension fund rules
Islamabad, October 5, 2025 – The federal government has formally notified the Federal Government Defined Contribution Pension Fund Scheme Rules, 2024, introducing a major structural reform in the country’s retirement system.
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Finance ministry notifies 7% pension hike for federal retirees
Islamabad, July 8, 2025 — The Finance Ministry has officially notified a 7% increase in pension for retired federal government employees, effective from July 1, 2025. This latest decision comes as part of the government’s commitment to support old-age citizens in managing rising inflation and living expenses.
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Tax and surcharge on pension income to apply from FY 2025-26
Karachi, June 30, 2025 – The Finance Act, 2025 has introduced a significant amendment by bringing pension income under the tax net, imposing both tax and surcharge on high-value pension receipts starting from the fiscal year 2025-26.
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Pension incomes above Rs10 million to face tax in FY26
Karachi, June 11, 2025 – In a significant fiscal development, the federal government has proposed an income tax on pension income exceeding Rs10 million annually as part of the Finance Bill, 2025.
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