ISLAMABAD: The Finance Ministry has increased the pensions of retired officers/employees aged 85 years or above by 25% from 10%.

The Regulation Wing of Finance Ministry has amended the notification issued on July 1, 2016 and has informed ministries and divisions that pensioners whose age was 85 years or more on July 1, 2016 will receive a raise in their pensions with an increase of 25%.

Pensions are provided in consideration of past services rendered by a government servant and must suffice the needs of these former employees in old age.

These include provision of health and other facilities and this raise aims to assist them in this regard.