Tuesday, January 3, 2023

Increase in Pension by the Govt. of Punjab

 

Increase in Pension by the Govt. of Punjab

The Govt. of Punjab has issued a notification NO.FD.SR-111-4-160/2021 dated 21-07-2022 regarding the grant of an increase in pension to civil pensioners of the government of Punjab.

 

The Governor of Punjab has been pleased to enhance the existing rate of increase in net pension (i.e. 10% granted w.e.f. 01.04.2022 vide this Department's circular letter of even number dated 01.07.2022) to 15% w.e.f. 01.07.2022, until further orders to all civil pensioners of the Government of Punjab. This increase in pension @ 15% will also be admissible to those pensioners who will retire on or after 01.07.2022.

2. The previous five (05) increases in pension will cease to exist for the pensioners who will retire on or after 1 July 2022 (i.e. @ 10% of 2016, @ 10% of 2017, @ 10% of 2018, @ 10% of 2019 and @ 10% of 2021).

3. Other conditions (vide paras 2-7 of this Department's circular letter bearing an even number dated 01.07.2022) will remain the same.


increase in pension to civil pensioners of the government of Punjab.

Download the Full Notification

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