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Finance Minister for rationalizing salaries, pensions of employees

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Mohammad Arshad
Islamabad

Finance Minister Hammad Azhar, Tuesday, stressed to find a transparent, feasible and sustainable way forward for rationalizing the salaries, pensions, allowances and perks of employees by removing anomalies to ensure equity.

In a meeting with Chairperson of Pay and Pension Commission Nargis Sethi here, he extended full support and facilitation to the Commission on the occasion.

Hammad Azhar said the Pay and Pension Commission had a very challenging task ahead as the Federal and Provincial government employees were looking forward with great hope towards the recommendations of the commission.

The Finance Minister underscored that the current model for disbursements of Pay and Pensions in not sustainable and there’s a need to rationalize salaries, pensions, allowances, perks etc by removing anomalies to ensure equity.

The Chairperson Pay and Pension Commission briefed the Finance Minister about the working of the Pay and Pension Commission to streamline the existing Pay and Pension structure as per mandate of the Commission.

The Chairperson updated the Finance Minister about the consultative process being followed to ensure all stakeholders are on board in working out a financially viable solution for disbursement of Pay and Pensions.

The Chairperson also apprised the Finance Minister about working of sub-committees which have been assigned terms of reference to deliberate and present firmed-up proposals for harmonisation of Pay and Pension system across the country.

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