I am sharing here the Summary of Pension Reforms and Packages for Employees Budget 2022-23 KPK. The employees got many benefits including a 16% Adhoc Relief Allowance. The pensioners got a 15% rise in pension. The details are as under:
Pension Reforms and Packages for Employees Budget 2022-23 KPK
- 16% Adhoc allowance 2022 may be granted to all provincial government employees on running basic pay with terms and conditions as described in this summary.
- The risk allowance of BPS 7-16 police personnel may be Increased by 15% of the 2017 initial basic ay.
- The incentive allowance may be renamed as Risk Allowance and for BS- 3-16, Rescue 1122 staff may be increased at the rate of 35% of 2017 initial basic pay to make it in ar with the risk allowance of police.
- To allow risk allowance at the rate of 100% basic ay of 2008 to the grade 7-16 staff of forest and wildlife department.
- For existing civil servants, the medical allowance drawn in salary may be used as a premium to provide additional coverage under sehat insaff card plus. The top-u package includes OD consultations and medical coverage. All civil servants will be given the option to opt-out.
- 15% increase may be granted in net pension to all pensioners of the provincial government with effect from 1st July 2022.
- Pursuant to the edition of the services tribunal KK on 09/06/2021 in execution petition No. 166/22 in service appeal no. 1132/19 case titled Mr. Muhammad Arshad vs Government of KPK the officers on special duty shall be entitled to the allowance prayed for.
- Calculation of pension emoluments on the basis of last three-year average basic pay with effect from 1st July 2022.
- The already notified grievance redressal committee shall be reconstituted with the same membership under the chairmanship of the Finance Minister to decide the admissibility of cadre/service-specific allowance on a case-to-case basis.
- Utilization of Rs. 10 billion of the pension fund profits towards payment of annual pension bill.
- Utilization of GP fund profits Rs. Billion towards payment of GP fund interest payment.