The Ministry of Finance has granted significant relief to retired federal government employees by approving an increase in pensions.
An official Office Memorandum regarding this decision has been issued.
“To ensure equality of treatment, it is clarified that for the Government servants who would retire on or after 01.07.2025, the baseline pension shall be the net pension (Gross Pension less commuted portion of pension) plus following increases in pension”, the memorandum stated.
The Ministry announced that five previous ad-hoc relief allowances, granted over the years, will now be included in the pension. These include 15% in 2011, 7.5% in 2015, 15% in 2022, 17.5% in 2023 and 15% in 2024.
