The pension increase amendment notification 2014 officially revises the retirement cutoff dates for federal civil pensioners and retired armed forces personnel. Consequently, pensioners who retired on or before November 30, 2001 now qualify for the 20% increase, while those retiring on or after December 1, 2001 receive 15%.
Table of Contents
Background and Official Context
The Finance Division (Regulations Wing) issued this Office Memorandum under reference No.F.13(11)-Reg.6/2011-280 on June 9, 2014. The Prime Minister approved this amendment to para-1 of Finance Division’s O.M. No. F. 4(1)-Reg.6/2009 dated July 13, 2009. This change shifts the eligibility boundary forward by approximately two years and five months.
Extract from Notification
| Field | Details |
|---|---|
| Notification Reference | No.F.13(11)-Reg.6/2011-289 |
| Date Issued | June 9, 2014 |
| Issuing Department | Finance Division (Regulations Wing), Government of Pakistan |
| Approval Authority | Prime Minister of Pakistan |
| Signing Authority | Section Officer (Reg.6) |
| Amendment Target | Para-1 of O.M. No. F. 4(1)-Reg.6/2009 dated July 13, 2009 |
Pension Increase Amendment Notification 2012 Original Notification Text
Government of Pakistan Finance Division (Regulations Wing)
No.F.13(11)-Reg.6/2011-289
Islamabad, the 9th June, 2014.
OFFICE MEMORANDUM
Subject:- GRANT OF INCREASE IN PENSION TO CIVIL PENSIONERS OF THE FEDERAL GOVERNMENT AS WELL AS RETIRED ARMED FORCES PERSONNEL.
The undersigned is directed to say that, with the approval of the Prime Minister, it has been decided to amend para-1 of Finance Division’s O.M. No. F. 4(1)-Reg.6/2009 dated 13th July, 2009 on the above subject as under:-
For
“(i) Those pensioners who retired on or before 30.6.1999 20%
(ii) Those pensioners who retired after 30.6.1999 15%
Read
“(i) Those pensioners who retired on or before 30.11.2001 20%
(ii) Those pensioners who retired on or after 1.12.2001 15%
Section Officer (Reg.6)
Key Changes Brought by Notification
The pension increase amendment notification 2014 replaces two retirement cutoff dates. Previously, pensioners retiring on or before June 30, 1999 received 20%, and those retiring after June 30, 1999 received 15%. The amendment shifts the 20% eligibility to retirees on or before November 30, 2001, and the 15% rate to retirees on or after December 1, 2001.
Revised Pension Increase Rates
| Pensioner Retirement Date | Increase Rate |
|---|---|
| Retired on or before November 30, 2001 | 20% |
| Retired on or after December 1, 2001 | 15% |
Compliance Directives
All Financial Advisers, Deputy Financial Advisors attached to Ministries, AGPR offices, Military Accountant General Rawalpindi, and the Central Directorate of National Savings must apply this amended cutoff. Additionally, the Web Master of Finance Division must upload this memorandum on the official website.
Summary of the New Notification
The pension increase amendment notification 2014 delivers a crucial administrative correction to pension eligibility dates. Key takeaways include the forward shift of the 20% pension increase cutoff from June 30, 1999 to November 30, 2001. Pensioners retiring on or after December 1, 2001 now receive the 15% rate. This amendment benefits federal civil pensioners, retired armed forces personnel, and civilians paid from Defence Estimates who retired between July 1, 1999 and November 30, 2001, granting them access to the higher 20% increase.
See Also:
To download click Pension Increase Amendment Notification 2014