Wednesday, 4 June 2014

10pc increase in salaries, pensions

ISLAMABAD: The government announced a 10 percent raise in the salaries and pensions of government employees, dashing hopes of any meaningful relief to the low-grade employees and pensioners. In its first budget last year, the PML-N government did not raise the salaries of government employees but gave a 10 percent raise to pensioners.The raise in salaries and pensions will have an impact of around Rs45 billion on the national exchequer.

The minimum wage of workers has also been increased from Rs10,000 to Rs11,000. The minimum pension has been increased from Rs5,000 to Rs6,000.Medical allowance of employees of Grade 1 to 15 has been increased by Rs100 while 5 percent increase has allowed in the conveyance allowances to those employees working in Grade 1 to 15. The post of superintendent has been upgraded from grade 16 to grade 17.One premature increment will be allowed to employees of Grade 1 to 4.

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