Major announcement on govt employees’ pensions
WEB DESK: According to the proposed amendments, government employees will receive a gross pension equal to 70% of their salary two years before retirement, and employees will be able to voluntarily retire after 25 years of service. However, voluntary retirement will result in an annual pension deduction of 3% to
Budget 24: proposal for 15-20% increase in govt employees’ salaries
WEB DESK: In the federal budget for the upcoming fiscal year 2024-25, a proposal has been made to increase the salaries of government employees by 15 to 20 per cent. Sources from the Ministry of Finance have reported that a 20% salary increase has been proposed for government employees from