Pension of a 55-year-old person will be reduced by 10 percent


Lahore: The Punjab government has approved amendments to the Pension Rules, which will come into effect from December 2, 2024.
According to the details, after the Punjab government approves the amendments to the Pension Rules, those who retire automatically will get less pension.
According to the notification issued by the Punjab Finance Department yesterday, the pension of a 59-year-old person who retires early will be reduced by 2 percent and the pension of a 58-year-old person will be reduced by 4 percent.
Similarly, the pension of a 57-year-old person who retires early will be reduced by 6 percent and the pension of a 56-year-old person will be reduced by 8 percent, while the pension of a 55-year-old person will be reduced by 10 percent.
The amendments have also stopped the increments received from 2011, 2015 and 2022.

Is Trump a socialist?
- 5 hours ago

How the MAGA goon squad became tech lobbyists
- 7 hours ago

The Supreme Court hands down some incomprehensible gobbledygook about canceled federal grants
- 5 hours ago

The little-known FIFA rule that gives Alexander Isak all the leverage over Newcastle
- 6 hours ago

You feel guilty about eating meat. Can a donation fix your dilemma?
- 5 hours ago

Stephen Miller is undercutting Trump’s war on democracy
- 5 hours ago

Microsoft employees occupy headquarters in protest of Israel contracts
- 7 hours ago

Rescue 1122 rescues 200 people after glacial burst in G-B's Ghizer
- 18 hours ago

This hidden tax will drain billions from the world’s poorest families
- 5 hours ago

Florida announces retro uniforms for homecoming game against Mississippi State
- 6 hours ago

Call for strengthening security, economic cooperation, youth engagement within SCO
- 17 hours ago

Pakistan, China reaffirm ‘All-Weather Strategic Partnership’ during 6th Strategic Dialogue: FO
- 15 hours ago