Saturday , May 28 2022

Sindh New Pension Policy 2022

Sindh New Pension Policy 2022

Sindh cabinet has approved a pension policy for the province, reducing the age for retirement for the provincial government employees. Under the new pension policy, it has now been recommended that any employee could be retired from the provincial service after 55 years or on the completion of his 25-year of service.

Sindh cabinet approves new pension scheme The age of children has been reduced from 24 to 21 years.

Sindh New Pension Policy 2022

Family pensions will be limited to immediate family members with a wife, husband, or son below 21 years of age to be entitled to the pension, which will cut the burden by Rs112.179bn. The new pension scheme will be applicable to new employees to be recruited after its enforcement.