The new pension system presented with 10:12 Employee-Govt
Islamabad: The federal government has implemented a new system of pension funds, as employees will now contribute 10 % of their salaries to their pensions, making them eligible to get a 12 % contribution from the National Fund. The Federal Government stipulates that the rules of the Pension Fund (FGDC) have been issued by the Department of Regulation of the Ministry of Finance under the law on the management of public finances in 2019. The rules replace the previous directive issued in August 2024, which had set the government’s contribution to 20 %. On August 20, 2024, the Treasury had



