• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Wednesday, March 18, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Proposal to Lower Retirement Age to 55 for Civil Employees Presented to PM Shehbaz

December 11, 2024
in Pakistan
Proposal to Lower Retirement Age to 55 for Civil Employees Presented to PM Shehbaz
Share on FacebookShare on TwitterWhatsapp

A proposal to lower the retirement age for civilian employees to 55 years has been submitted to the Prime Minister. Although the idea is still under discussion, it has faced pushback from government officials, as many senior employees could be affected. No final decision has been made on the matter yet.

At the same time, the Ministry of Finance is working to address the International Monetary Fund’s (IMF) demand to expand the Contributory Pension Scheme. This would require serving government employees to join the same pension system as new recruits. The Ministry is making efforts to implement this change to meet IMF requirements.

Additionally, the Ministry is reviewing suggestions to restore the Federal Secretariat Allowance, which has been frozen for over ten years. Reinstating this allowance is being considered as part of broader reforms to improve government employee benefits and ensure fair compensation.

These potential changes indicate a focus on balancing economic reforms with employee welfare. While the retirement age proposal has sparked concern among officials, the Ministry’s efforts to meet IMF conditions and review longstanding issues like frozen allowances show a push for financial adjustments and policy updates.

The coming weeks will determine how these proposals shape government policies and their impact on civilian employees. For now, discussions are ongoing, and decisions are expected after thorough evaluation.

Tags: ageCivilEmployeesPresentedproposalRetirementShehbaz
Share15Tweet10Send
Previous Post

Laiba Ghanyani Makes History as IBA’s First Visually Impaired Graduate in 70 Years

Next Post

The funniest wildlife photos of the year

Related Posts

100pc work from home in govt offices on Fridays in KP
Pakistan

100pc work from home in govt offices on Fridays in KP

March 18, 2026
With 1,176 passengers, Eid train from Karachi sets off
Pakistan

With 1,176 passengers, Eid train from Karachi sets off

March 18, 2026
Lahore-bound PIA flight from Fujerah lands in Karachi due to ‘snag’
Pakistan

Lahore-bound PIA flight from Fujerah lands in Karachi due to ‘snag’

March 18, 2026
China Remains Pakistan’s Leading Import Partner at $1.41 Billion
Pakistan

China Remains Pakistan’s Leading Import Partner at $1.41 Billion

March 18, 2026
KP govt announces three-day Eid holiday from March 19-21
Pakistan

KP govt announces three-day Eid holiday from March 19-21

March 17, 2026
Dar stresses dialogue, diplomacy for achieving regional peace in meeting with Iranian ambassador
Pakistan

Dar stresses dialogue, diplomacy for achieving regional peace in meeting with Iranian ambassador

March 17, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.