Business

Proposal for 55-year retirement age for civil employees presented to PM

字号+ Author:Smart News Source:US 2025-01-15 14:00:54 I want to comment(0)

ISLAMABAD – A proposal to set the retirement age at 55 years, applicable only to civilians, has been presented to the Prime Minister. According to reports, the Prime Minister has been briefed on the proposal for retirement at 55 years, but no decision has been made yet as it remains in the initial stages. If implemented, the decision will only apply to civil employees. The prime minister did not receive a positive response during the meeting regarding the proposed retirement age. If the age limit is set at 55, several bureaucrats might retire, but the bureaucracy itself is not in favour of this. On the other hand, sources from the Ministry of Finance disclosed that the IMF has demanded the inclusion of serving employees in the Contributory Pension Scheme. The IMF has suggested that serving employees be included in the scheme on the same lines as new recruits. Following this demand, the Ministry of Finance is working on implementing the Contributory Pension Scheme for serving employees. Additionally, the Ministry is also considering proposals to restore the Federal Secretariat Allowance, which has been frozen for over a decade. More from this category Copyright ©2024. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.

1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;

Related Articles
  • Maulana Fazal ur Rehman advised complete rest due to health issues

    Maulana Fazal ur Rehman advised complete rest due to health issues

    2025-01-15 13:32

  • نیو اورلینز میں نئے سال کے جشن کے موقع پر ایک شخص کی ٹرک چلانے سے دس افراد ہلاک ہوگئے۔

    نیو اورلینز میں نئے سال کے جشن کے موقع پر ایک شخص کی ٹرک چلانے سے دس افراد ہلاک ہوگئے۔

    2025-01-15 13:20

  • سعودی عرب نے منشیات کی اسمگلنگ کے الزام میں ایرانیوں کو پھانسی دی،  ایران نے احتجاج کیا۔

    سعودی عرب نے منشیات کی اسمگلنگ کے الزام میں ایرانیوں کو پھانسی دی، ایران نے احتجاج کیا۔

    2025-01-15 12:39

  • مونٹی نیگرو کے ریستوران میں فائرنگ سے کئی افراد ہلاک: پولیس

    مونٹی نیگرو کے ریستوران میں فائرنگ سے کئی افراد ہلاک: پولیس

    2025-01-15 11:32

User Reviews