Finance Department Azad Jammu & Kashmir issued a Notification on 24-07-2024 in connection with Pension Increase 2024 AJK Pensioners. The pensioners of Azad Jammu & Kashmir will get an increase of 15% in their net pension. They will get a raise in pension with effect from 1st July 2024.
Pension Increase 2024 AJK Pensioners.
No. FDR/7934-8033 / 2024. The President Azad Jammu Kashmir has been pleased to sanction an increase @15% of net pension with effect from 01.07.2024 until further orders to all civil pensioners of Azad Kashmir Government of the State of Jammu & Kashmir including army pensioners drawing pension from Azad Jammu Kashmir.
- The increase in pension @15% as mentioned in para-1 above will also be admissible to the pensioners who would retire on or after 01.07.2024.
- For the purpose of admissibility of increase in pension sanctioned in this notification, the term ‘Net Pension’ means ‘Pension being drawn’ minus ‘Medical Allowance’.
- The increase will also be admissible on a family pension granted under the pension-cum-gratuity scheme, 1954, liberalized pension rules, 1971, as well as on the compassionate Allowance allowed under the AJ&K Civil Servants Act, 1976. This increase will also be admissible to the pensioners in receipt of Extra-ordinary Pension.
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