Author: arshad

Restoration of Commuted Portion of Pension 10.02.2015

Responsibility of Banks to collect Life Certificates of the Pensioners 19.03.2019

Restoration of Commuted Portion of Pension 13.04.2017OFFICE MEMORANDUMSubject: Commuted Portion of PensionIn continuation of this Department’s letter No. FD.SRIII. 4-1202016, dated 23rd January, 2017, it is advised that increases on pension, after restoration, may be made/paid to all the pensioners, who retired under Pay and Pension Package 2001, as and when their restoration becomes due.However, arrears of increases may be paid as already intimated vide letter referred to above.

Re Fixation of Pension under Pay Package 2005 – AG dt 24.01.2018OFFICE MEMORANDUMSubject: Fixation of Pension under Pay PackageVarious District Accounts Offices are approaching this office for clarification that whether pension of the pensioners who retired on or after 01/07/2005 is to be refixed in the light of Punjab Finance Department Letter No-FD-SR-III/5-1/2015 dated 13/04/2017.In this regard, this office is of the view that there is no pay package 2005. The only change made in 2005 was that the maximum limit of commutable pension amount was reduced from 40% to 35%. Thus the question raised is not rational. All pensioners…

Re Fixation of Pension under Pay Package 12.02.2018OFFICE MEMORANDUMSubject: Fixation of PensionIt has come to the notice of Finance Department that most of the District Accounts Officers in the Punjab are not aware as to whether increases in pension after restoration are admissible or not to the pensioners who retired under Pay and Pension Package, 2005 and afterwards instead of Pay and Pension Package, 2001.2. The case has been examined and it is clarified that there is no Pay Package of 2005. The only change made in 2005 was that the maximum limit of commutable pension amount was reduced from…

Arrears to 85 Years Old Pensioners –AG 17.01.2017OFFICE MEMORANDUMSubject: 85 Years Old Pensioners Please refer to the subject cited above.2. It is hereby intimated that the Honourable Chief Justice Lahore High Court Lahore has ordered in Crl.Org.No. 597-W/2015 in respect of Murawat Hussain Gardazi etc dated 19-12-2016 in Para-2 that all pensioners are required to submit Life Certificate duly attested by Gazetted Officer at the concerned District Accounts Officers of the concerned District as well as in the Office of Accountant General if required in order to make the procedure of payment of pension in smooth way and this certificate…

Clarification – Restoration of Commuted Portion of Pension 24.07.2015OFFICE MEMORANDUMSubject: Restoration of Commuted Portion of Pension Here is the exact rewritten text in table format:SR.#QUERIES BY THE AG, PUNJABREPLY BY THE FD1.Para 1 of notification states that pension of the pensioners retired on or before 30.06.2001 is to be re-fixed. It may be clarified that pensioners retired after 30.06.2001 are entitled for the benefit or not.It is clarified that only the pensioners retired on or before 30.06.2001 are entitled for the said benefit.2.It may be clarified that whether arrears are to be paid in monthly installments or otherwise i.e. Quarterly,…

Pension of MC Zila Council Employees of Education and Health sector 19.06.2017OFFICE MEMORANDUMSubject: MC Zila CouncilI am directed to refer to the subject cited above and to inform you that the Local Governments, in terms of Section 1 (3) of PLGA, 2013 have been established in the Punjab w.e.f. 01.01.2017 and in terms of Section 3 of the Act, ibid succeeded the rights, assets and liabilities of the respective erstwhile City / District Governments, Tehsil / Town Municipal Administrations and Union Administrations.a) The services of the local government employees adjusted / working with the District Authorities shall be considered as…

Clarification – Pension Increase 2009 – Federal dt 09.06.2014OFFICE MEMORANDUMSubject: Pension Increase 2009 The undersigned is directed to refer to Finance Division O.M. No. F.4(1)-Reg.6/2009 dated 13.07.2009 and O.M. No. F. 13(11)-Reg.6/2011 dated 17th October, 2012 (copies enclosed) and to state that pensioners who retired from 01.07.2001 to 30.11.2001, and opted pay scale-2001 (applicable w.e.f. 01.12.2001), are entitled to draw 15% increase in pension w.e.f. 01.07.2003, as they had enjoyed the benefit of new pay scale of 2001, which was more beneficial to them at the time of their retirement.

Pension Increase 2017 – 01.07.2017OFFICE MEMORANDUMSubject: Pension Increase 2017I am directed to state that the Governor of the Punjab has been pleased to sanction an increase @ 10% of net pension with effect from 01st July, 2017 until further orders to all civil pensioners of Government of the Punjab.The 15% increase in pension as allowed vide Para 1 of this Department’s circular letter No. FD.SR-III-1-105/2010(A) dated 15.07.2010, shall be discontinued for those who would retire on or after 01.07.2017.However, 15% increase in pension as allowed vide Para 12(i) of this Department’s Circular letter No. FD.PC-2-1/2011, dated 11.07.2011, 7.5% increase in…