The Karachi Port Trust (KPT) took an initiative to facilitate its pensioners through commissioning an online pension transfer system directly in their accounts.
The facility was inaugurated by Chairman KPT Vice Admiral (R) Shafqat Jawed HI (M) in the Pension Office at KPT Head Office, while pressing button of the system, said a press release of KPT here on Wednesday.
The new facility – a one window operation and has abolished the old system of payment through Pension Books. The Chairman KPT Vice Admiral Shafqat Jawed, while speaking on the occasion said that the new system will enable the KPT to online transfer pension to the individual bank account of each pensioner. While making comparison with the old system, the Chairman Shafqat Jawed said that the KPT has more than 7,000 pensioners who had to come to KPT to initialize their pensions and the pension was granted manually to them, while stamping on their Pension Books which was tedious and time consuming.
Furthermore, the Pensioners living in cities other than Karachi had to face more problems in obtaining their pensions.