Finance Department Punjab Government has taken an action on 18-07-2018 regarding Notification of Pension Increase 2018 for Punjab Government employees.
It is directed that the Punjab Governor has sanctioned an increase @ 10% of net pension w.e.f. 1st July 2018 till further orders for all govt. pensioners of Punjab.
The 15% pension increase allowed vide-Para-1200 of the Department’s letter No. -FD-PC-2-1-2011 dated 11th July 2011, 7.5% pension increase allowed as vide-Para-1 of the Department’s letter No.-FD.SR.III-4-259-2015(A) dated 23 July 2015 & 10% pension increase allowed vide-Para-1 of the Department’s letter No. -FD.SR.III-4-178-2016 dated 18 July 2016 will be allowable to new pensioners of Punjab who would be retiring on or after 01st July 2018.
Notification Pension Increase 2018 Finance Department Punjab Government
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