Pakistan govt revises age limit of minors for family pension

PAKISTAN-ECONOMY-IMF-BAILOUT

A Pakistani dealer counts US dollars at a currency exchange shop in Islamabad on October 9, 2018. - The International Monetary Fund said October 9 Pakistan has not approached the body to begin negotiations for a possible bailout to stem a balance of payments crisis, hours after Islamabad announced it will enter talks. (Photo by AAMIR QURESHI / AFP) (Photo credit should read AAMIR QURESHI/AFP/Getty Images)

ISLAMABAD: The federal government has implemented a new policy that restricts family pensions for minor children to those under the age of 21.

As a result, eligible minor children will only receive family pensions until they reach 21 years of age.

A notification from the Ministry of Finance indicates that this policy will take effect for family pensioners starting September 10, 2024.

The family pension for minor children will be distributed according to the eligibility and preference criteria specified in the office memorandum dated October 23, 2023, as stated by the Ministry of Finance in the notification. if a minor child reaches adulthood during this period, they will no longer qualify for the family pension.

However, if the pension-receiving spouse passes away, another eligible family member will be entitled to receive the family pension.

In the event of the wife’s death, the second eligible family member may continue to receive the pension for a duration of ten years or for the remainder of that ten-year period.

The family pension will be available for a total of ten years following the wife’s demise or disqualification.

 

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