Peshawar Electric Supply Company issued a Notification on 29-04-2022 in connection with Disparity Reduction Allowance 2022 to PESCO Employees. The details are as under:
Disparity Reduction Allowance 2022 to PESCO
Sr. No | Description | Details |
1 | Allowance | Disparity Reduction Allowance 2022 |
2 | Rate of Allowance | 15% of running or current Basic Pay |
3 | Employees Company/Department | PESCO |
4 | Effective Date | 1st March 2022 |
5 | Pay Scale of the Employees | BPS-01 to BPS-19 |
Pursuant to the decision of the PESCO Board of Directors taken in its 177th meeting held on 28.04.2022 under agenda point No.03, conveyed vide Company Secretary BoD PESCO letter No. 565-66/177th BoD dated 28.04.2022, competent authority is pleased to adopt the Finance Division (Regulation Wing) Office Memorandum F.N. 14(1)R 3/021-69 dated 23.02.2022 for grant of Disparity eduction Allowance to PESCO employees of BPS-01 to BPS-19 w.e.f. 01.03.2022 @ 15% of the Basic Pay of BPS-2017.
This is issued with the approval of Chief Executive Officer PESCO.
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