Notification Amendments Punjab Civil Servants Pension Rules 2024 (Reduction Factor for Voluntary Retirement)

Government of the Punjab, Finance Department issued a Notification on 02-12-2024 in connection with Amendments Punjab Civil Servants Pension Rules 2024 for Voluntary Retirement Reduction Factor, 3 Years Average Basic Pay Punjab Notification and Family Pension to spouse for 10 years. The details are as follows:

Amendments Punjab Civil Servants Pension Rules 2024

 

Government of the Punjab Finance Department, In exercise of the powers conferred under section 23 of the Punjab Civil Servants Act, 1974(VIII of 1974), the Governor of Punjab is pleased to make the following amendments to the Punjab Civil Services Pension Rules, with immediate effect.

 

Amendments/Changes in Pension Punjab Amount of Ordinary Pension

 

In the Punjab Civil Services Pension Rules:

 

  1. In Chapter IV- Amount of Ordinary Pensions:
  2. a) in Section 11 – Amount of Full pension, in rule 4.4:

(i) in Sub-Rule(1):

  1. After the existing proviso, the following shall be inserted:

Provided further that in case of voluntary retirement, the following  reduction factor shall be applicable:

 

  Reduction Factor by Retirement Age

59 Years 2%
58 years 4%
57 years 6%
56 years 8%
55 years 10%

 

Provided also that the gross pension shall be calculated on the following formula:

 

‘ Average basic pay as defined in sub-rule (4) x length of service (Maximum 30 years) x 7/300’

Provided also that annual pension increase shall be granted at the rate of 50% of the Adhoc relief allowance sanctioned for the respective financial year.”;

(ii) sub-Rules (2) and (3) shall be omitted; and

(iii) for sub-rule (4), the following shall be substituted:

“(4) The Last 03 years’ average basic pay, including personal pay, of the Government servant starting from the first day of July of the last 03 years prior to retirement shall be considered for pension calculation.

Note (1): Service in the autonomous or semi-autonomous body – The pay drawn by a Government servant in an autonomous or semi-autonomous body,  the authorized capital of which is wholly subscribed by the Federal and or a Provincial Government in a post,  appointment to which is, by law, required to be made and the salary or which is required to be fixed by the Federal or Provincial Government, shall be treated as pay drawn in Government service.

Note (2): The term “Pay” does not include the pay drawn by a Government servant in Foreign Service or additional pay for the performance of additional duties of another post”. And

 

Family Pension

 

  1. b) in Section III-C-Family Pension, in rule 4.10:

(i) For sub-rules (1) to (6), the following shall be substituted:

“(1) A family pension sanctioned under this rule shall be restricted to the extent of spouse for a period of 10 years or till re-marriage, whichever is earlier:

Provided that in case of an issueless spouse, family pension shall be allowed for life or till re-marriage:

Provided further that in case a government servant had more than one wife, the pension shall be divided equally among the widows”.;

(ii) the existing sub-rules (7) and (8) shall be re-numbered as (2) and (3) respectively.

  1. In Chapter VIII – Commutation of Civil Pensions, in rule 8.1 for the words “one half”, the expression 25% shall be substituted.

 

Special Thanks: Mr. Naseer Hussain

 

Voluntary Retirement Reduction Factor, 3 Years Average Basic Pay Punjab Notification

 

Family Pension for 10 years to spouse

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