The Punjab Finance Department has amended the Civil Pension Rules and fixed a timeline for timely completion of pension papers.
The Finance Department has also issued a notification to change the rules, according to which a timeline has also been prepared for account officers to complete the pension papers of retired employees on time. The issuance of the notification will provide immediate relief to the employees after retirement.
According to the notification, when an employee retires, he will start getting 65 percent of his last basic salary in the form of pension fund. The Account Officer shall be responsible for completing the pension papers of this employee within 6 months and issuing regular pension.
Earlier on June 3, the caretaker cabinet of Punjab approved amendments to the Punjab Civil Service Pension Rules. Under the amendment, employees will be ensured to pay 65 percent pension immediately after retirement, 65 percent pension will continue until the full pension papers are prepared.
