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Facility of Pension for Pak Naval Pensioners through Bank Account ::
Attention to all Pensioners of Pakistan Navy
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GRANT OF INCREMENT IN TERMS OF ORDER OF SUPREME COURT OF PAKISTAN DATED 22.06.2009
Govt of Pakistan Finance Division Notification O.M. No. F.No.11(1)R-2/2007-590 dated 06-01-201
GRANT OF INCREMENT IN TERMS OF ORDER OF SUPREME COURT OF PAKISTAN DATED 22.06.2009 (ORDER DATED 13-JULY-2010)
Govt of Pakistan Finance Division Notification O.M. No. F.No.11(1)R-2/2007-590 dated 06-01-201
Grant of Increase in Pension to Civil Pensioners of the Fed.Govt as well as Retired Armed Forces Personnel:: Finance Division O.M. No. 13(11)-Reg.6/2011 dt: 17-10-12

Grant of increase in pension to Civil Pensioners of the Federal Fovernment as well as Retired Armed Forces Personnel Government, O.M. No. F.No.4(1)-Reg.6/2012-1144 Dated: 2nd July, 2012

Facility of Pension for Pak Naval Pensioners through Bank Account ::
Attention to all Pensioners of Pakistan Navy

The facility of Pension of Pakistan Naval Pensioners through Bank Account has been introduced. It is informed to the pensioners of Pakistan Naval (officers, sailors and civilians) that the Govt of Pakistan had introduced the pension system through bank account since 1st Jan 2011 and now it has been given prefer to this method with effect from 01-01-2015. You can open your account in any branch of bank to get your pension in your own personal account. The benefits of this system are as under:

  • Pension will be paid on monthly basis as the monthly salary of an employee
  • Monthly pension will directly be transferred to the person account of the pensioner
  • The facility of opening the bank account in any branch of any bank
  • Pension will be paid without pension bill
  • Facility of pension through ATM card or Cheque

Further details can be read on the copy of the advertisement of Pension of Pakistan Naval Pensioners through Bank Account.

 
 
 
GRANT OF INCREMENT IN TERMS OF ORDER OF SUPREME COURT OF PAKISTAN DATED 22.06.2009
Govt of Pakistan Finance Division Notification O.M. No. F.No.11(1)R-2/2007-590 dated 06-01-201
Download in PDF Format

Increment to the Pensioners Who Stuck Up at the Maximum Stage

It is to mention here the the Finnace Division has already issued a Notification No. F.No.11(1)R-2/2007-590 dated 13-07-2010. Earlier one increment was only granted to those persons at the time of retirement who had at least 6 months regular service in the year of retirement even their pay was stuck up for a long period due to the maximum of stage.

But now it has been decided that these persons are eligible for one increment even if they have less service than 6 months in the year of retirement. This increment will only be granted to the persons who were stuck up for a long period at the same pay due to the peack of their stage. The replacement as as under in the above referred Notification:

For Having at least 6 months service in the year of the retirement
Read Having at leat 6 months service preceeding the date of retirement at the maximum of the respective pay scale
.
 
For I) Those Pensioners who retired on or before 30-06-1999
20%
II) Those Pensioners who retired after 30-06-1999
15%
Read I) Those Pensioners who retired on or before 30-06-2001
20%
II) Those Pensioners who retired after 01-12-2001
15%
MAG's Office letter No.AT/Pen/3278/XXXVIII & Finance Division OM No. F.13(11)-Reg.6/2011 dated 17-10-12


 

Related Links
Revision in the Rates of Conveyance Allowance for the Civil Servants of the Federal Government BPS 1-19; O.M. No. F.3(1)-R.5/2000 Dated: 3rd July, 2012

Grant of Adhoc Relief Allowance 2012@ 20% of Basic Pay to The Civil Employees of the Federal Government, O.M. No. F.No.1(3)Imp/2012 Dated: 2nd July, 2012

 


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