Pension

PENSION

Pension is lumpsum financial support for a retired person by a Government of Pakistan. As this Pension system helps the old-age community to manage their needs after the employment period.

Pension has the following types;

Superannuation Pension

A Governments employee gets this type of pension after completing the age of superannuation, currently superannuation age in Pakistan is 60 years.

Formula: Last Pay x Service x 7 / 300

PENSION 480

Retiring Pension

Now, if an Government employee has served for 25 years (qualifying service) he/she can get “Retiring Pension”.

Formula: Last Pay x Service x 7 / 300

Extra-Ordinary Pension

In this type of pension a Government employee faces injuries or due being murdered while performing his duty, Extra Ordinary Pension will be granted to him or her.

Formula: Last Pay x Service x 7 / 300

PENSION CALCULATOR