Minimum monthly pension raise from Rs 2000 to Rs 3000

ISLAMABAD, June 05 : The minimum monthly pension is proposed to be raised from Rs. 2000 to Rs.3000 in the federal budget for the year 2010-11.

Announcing the federal budget in the National Assembly on Saturday he Federal Minister for Finance Dr. Abdul Hafeez Sheikh said the rate of family pension is proposed to be enhanced from 50 % to 75 %.

He said pensioners who were retired after 2001 would be allowed medical 15 % percent increase and those who retired prior to 2001 will be allowed 20 % increase.

Similarly, he said pensioner who retired in BS 1 to 15 will be allowed medical allowance at 25 % of pension drawn will those retired in the BS 16 to 22 will be allowed medical allowance at 20 % of pension drawn.