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Pensions in Pakistan are provisions which are provided to retired employees. [1] Because only the retired formal sector mostly benefits from pensions, most of the social schemes and retirement welfare system in the country cover a small proportion of the old-age population, whereas a significant proportion of the elderly population working in the informal sector remains largely unprotected by ...
Employers are supposed to pay 5% of the minimum wages prescribed by the government while employees are supposed to pay 1% of the minimum wages. This contribution constitutes half of the total contribution while remaining half comes from the Government of Pakistan. Government of Pakistan contributed to this scheme till 1995 but withdrew ...
Government employees in Pakistan encompass all individuals employed by the government, including both civil and military personnel, who fulfill their duties within federal, provincial, or district areas of the government of Pakistan.
Punjab Auqaf and Religious Affairs Department; Punjab Communication and Works Department; Punjab Food Department (Pakistan) Punjab Health Department; Punjab Human Rights and Minorities Affairs Department; Punjab information and culture department; Punjab Irrigation Department; Punjab Khal Panchayat Authority
The Punjab Finance Department is a department of the Government of Punjab, Pakistan. It is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of financial rules and management of public debt. [1] It is headed by a provincial minister with the coordination of a finance secretary.
Initially, government employees had no say in the matter of choice of fund manager or investment allocation in NPS, as both are decided by the government. In the default Standard scheme, NPS contributions of government employees is distributed evenly across three public sector fund managers : SBI Pension Funds, LIC Pension Fund, and UTI Pension ...
Electronic Government Directorate of Pakistan was established in October 2002 by the Ministry of Information Technology. [1] In 2014 Directorate was merged with Pakistan Computer Bureau to form National Information Technology Board. [2] Some of the projects completed by the directorate include:
The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952