Punjab Chief Minister Sardar Usman Bazdar approves salary hike:
- Government employees to get 25% special allowance.
- Chief Minister Usman Bazdar rejects 15 and 10% special allowance proposals.
- Chief Minister Usman Bazdar’s directive to give 25% special allowance to employees.
- Special allowance will be given to more than 721,000 provincial employees from grade 1 to 19.
- Employees who have already received special / executive allowance will not be included.
- Special allowance will be included in salaries in June.
Increase in Salary and Pension in Coming Budget 2021-22
IMF approves increase in salaries of government employees in next federal budget and does not oppose proposals for increase. In this regard, Finance Dept. when contacted by correspondent News outlet, confirmed that the IMF was not opposed to the pay hike and the federal government had different views in this regard.
Budget proposes 15-20% increase in salaries and pensions.
According to sources, the government has started reviewing other proposals, including a 15-20% increase in the temporary relief in salaries and pensions of government employees and freezing the basic pay for pensions for a period of 25 years, in various ministries, divisions and the services of a private company of international repute have been hired to bridge the wide gap in the salaries of the employees of the departments and to rationalize pay and pension reforms.
The recommendations of the subgroups set up in the Pay and Pension Commission and in collaboration with a private firm will propose short-term, medium-term and long-term plans for reforms in the pay and pension system. Therefore, a proposal for a temporary relief of 15 to 20 per cent in the salaries of government employees is under consideration in the next budget till the completion of the complete study of the private company.
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Sources said that it is also proposed to monetize the travel allowance received by Grade 17 to 19 employees like Grade 20 to 22 officers. The increase in the salaries of government employees will be based on the formula of reducing the pay gap of government employees and the salaries and benefits of the employees of the institutions and departments which are much higher than before will be increased less. The government’s entire focus is on minimizing the pension bill, for which a proposal to introduce a contributory pension system for newly recruited employees in the public sector as well as in the private sector is also under consideration. The World Bank can also provide seed money for this. There is a possibility of various amendments in the laws regarding salaries and pensions of government employees.