The Balochistan government has recently revised its pension policy to align with federal regulations. These updates are designed to streamline pension disbursement, clarify eligibility criteria, and provide greater financial support to families of retired or deceased government employees.
Balochistan’s Pension Policy Changes
The updated pension policy in Balochistan introduces several important reforms that directly impact pension recipients.
Family Pension Validity for 10 Years
Family pensions will now be granted for 10 years after the pensioner’s death. This ensures long-term financial security for the families of deceased government employees.
Pension Type | Duration |
---|---|
Family Pension | 10 years |
Pension for Disabled Children
In cases where the deceased pensioner’s children are disabled, the pension will be extended for life, providing additional support for families with special needs dependents.
Condition | Pension Duration |
---|---|
Disabled Children | Lifetime |
Children’s Pension Until Age 21
Children of deceased pensioners will continue receiving their pension until they turn 21 years old. This change ensures financial assistance for dependents until they reach adulthood.
Pensioner Status | Eligibility Duration |
---|---|
Children of Deceased Pensioners | Until age 21 |
Federal Pension Reforms Introduced
The federal government recently introduced pension reforms as part of its agreement with the International Monetary Fund (IMF). These changes are aimed at improving fiscal sustainability.
Special Family Pension for Martyrs
The Special Family Pension will be available only to the families of martyrs from the armed forces and civil armed forces. This pension will now be provided for a period of 25 years.
Pension Type | Eligibility | Duration |
---|---|---|
Special Family Pension | Families of martyrs from armed forces | 25 years |
Pension Based on Last 24 Months’ Salary
Retired employees will now receive pensions based on the average salary of the last 24 months of service, which will help maintain a consistent income post-retirement.
Pension Calculation | Basis |
---|---|
Pension Calculation | Based on last 24 months’ salary |
Double Pension System Abolished
The double pension system has been abolished. Employees returning to work will now have to choose between their salary or pension, not both.
Double Pension System | New Rule |
---|---|
Double pension eligibility | Abolished |
Separate Pensions for Federal Employee Spouses
If both spouses are federal government employees, they will each receive separate pensions upon retirement.
Spouse Status | Pension Eligibility |
---|---|
Both spouses are federal employees | Separate pensions for each spouse |
Conclusion: Aiming for Fiscal Sustainability
The recent updates to pension policies at both the provincial and federal levels reflect the government’s efforts to modernize and harmonize pension systems. These changes aim to ensure fiscal sustainability while providing ongoing financial support to retired government employees and their families.