FEDERAL FINANCIAL BUDGET 2018-19
INCREASE IN PAY, ALLOWANCES & PENSION
ACCORDING TO BUDGET SPEECH OF FINANCE MINISTRER ON 27-MAY-2018
Relief Measures for Government Employees and Pensioners
Mr. Speaker,
Our government has consistently provided increase in pay and pensions of government employees over the last five years. Despite fiscal constraints a further relief is being provided to government servants and pensioners although the inflation this year currently stands at 3.8 percent:
- 10% Adhoc Relief Allowance (2018) to Civil & Armed Forces Employees
A 10% Ad-hoc Relief Allowance to Civil and Armed Forces Employees with effect from 1 July 2018. - 10% increase in Pensions
A 10% increase is also being proposed for Pensioners across the board. - 50% increased in House Rent Ceiling
Housing is a serious problem for government employees in major cities. House rent ceiling is being increased by 50% on existing rates. - 50% increased in House Rent Allowance (HRA)
Similarly, House Rent Allowance is also being increased by 50% on existing rates. - Minimum Pension
Considering the difficulties of low-paid pensioners, minimum pension is being increased to Rs.10,000 from the present Rs.6,000. Similarly,
Family Pension would also get increased from Rs.4,500 to Rs.7,500. - Minimum Pension above the age of 75 Year
Minimum Pension of Pensioners above the age of 75 will be Rs.15,000. - Overtime Allowance of staff car drivers and dispatch riders from Rs: 40 to Rs: 80
Overtime Allowance of staff car drivers and dispatch riders is being increased from Rs.40 per hour to Rs.80 per hour. - House Building Advance (HBA) & Motor Car Advance (MCA) etc.
The government has also proposed an allocation of Rs.12 billion for provision of advances to government servants for house-building and purchase of transport facility. - Performance Allowance for Senior Officers
The government is also setting aside an allocation of Rs.5 billion for Senior Officers Performance Allowance. Details of this will be announced separately. - Download> Federal Budget Speech 2018-19 (Urdu Version)
- Download > Federal Budget Speech 2018-19 (English Version)
Download > Federal Budget Speech 2018-19 (English Version)
