ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) hosted a National Workshop on Transitioning to Defined Contribution (DC) Pension Schemes, bringing together key stakeholders from across the public and financial sectors.
Finance Minister Senator Muhammad Aurangzeb underscored the urgent need for pension reform, noting the unsustainability of the current defined benefit system. He reaffirmed the government’s commitment to supporting the transition and ensuring successful implementation.
In his address, Mr. Akif Saeed, Chairman SECP, outlined the progress made in developing a robust regulatory framework for DC pension schemes. He emphasized the critical role of technology, transparency, and awareness-building in shaping a modern and inclusive pension landscape.
Federal and provincial government representatives shared updates on reform progress, with Khyber Pakhtunkhwa presenting valuable insights from its early implementation experience. The workshop served as a platform for dialogue among senior officials, regulators, financial sector leaders, and development partners.
The SECP reaffirmed its commitment to working closely with all stakeholders to develop a transparent, reliable, and future-ready pension system that supports long-term financial security and inclusion.
