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Hafeez stresses need of reviewing existing pay, pension mechanism

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Staff Reporter

Islamabad

Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Sheikh emphasized the importance of reviewing the existing pay and pension mechanism, allowances, perks and possibilities of monetization in order to have a financially viable solution for Government employees.
He was talking to Chairperson Pay and Pension Commission Ms. Nargis Sethi who called on him here on Friday.
During the meeting, Ms. Sethi briefed the Finance Minister about the working of Pay and Pension Commission to resolve the issue of burgeoning expenditure as pensions on the government exchequer as well as anomalies in pay and pension structure.
The Chairperson Pay and Pension Commission apprised Dr. Abdul Hafeez Sheikh about the working of the sub-committees and reiterated her commitment for streamlining the prevailing system of pay and pension based on principles of fairness and transparency.

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