GRANT OF INCREASE IN PENSION TO CIVIL PENSIONERS OF THE GOVT OF THE PUNJAB 2023 NOTIFICATION

GRANT OF INCREASE IN PENSION TO CIVIL PENSIONERS

I am directed to state that Governor of the Punjab has been pleased to sanction 5% (five percent) increase in pension of retired government employees / civil pensioners upto 80 years of age, and 20% increase in pension of retired government employees / civil pensioners who are
over 80 years of age on July 1″, 2023.

- The 15% increase in pension as allowed vide Para 12(i) of this Department’s circular
  letter No.FD-PC-2-1/2011, dated l1-07-2011, 7.5% increase in pension allowed as vide Para l of this
  Department’s circular letter No.FD.SR.II-4-259/r2015(A), dated 23-07-201S and 15% increase in
  pension as allowed vide Para 1 of this Department’s circular letter No.FD.SR.II-4-l60/2021,
  dated 21-07-2022, shall be admissible to the new pensioners who would retire on or after 01.07.2023.
- The 5% increase in pension as mentioned at Para-1 above will also be admissible to
- The pensioners who would retire on or after 01.07.2023.
- The Chief Inspector of Treasuries & Accounts, Punjab, Lahore
- The Chief Pilot, VIP Flight, Lahore ,For the purpose of admissibility of increase in pension sanctioned in this circular letter, the term “Net Pension” means “pension being drawn” minus “Medical Allowance”.

PENSION INCREASE 2023

The increase will also be admissible on family pension granted under the
Pension-cum-Gratuity Scheme, 1954, Liberalized Pension Rules, 1977, on pension sanctioned under
the Punjab Civil Services Pension Rules as well as on the Compassionate Allowance.
If the gross pension sanctioned by the Government of the Punjab is shared with any
Government in accordance with the rules laid down in Part-|V of Appendix-llI to the Accounts Code,
Volume-I, the amount of the increase in pension will be apportioned between Government of Punjab
and the other Government concerned on proportionate basis.
The increase in pension sanctioned in this circular letter will not be admissible on
Special Additional Pension allowed in lieu of pre-retirement Orderly Allowance.

The benefit of increase in pension sanctioned in this circular letter will also be
admissible to those civil pensioners of the Punjab Government who are residing abroad
(other than those residing in India and Bangladesh) who retired on or after 15.08.1947 and are not
entitled to, or are not in receipt of pension increase under the British Government’s Pension (Increase)
Acts. The payment will be made at the applicable rate of exchange.
Annotate