Pakistan Pension Reforms 2025: IMF Conditions, Double Pension Ban & Contributory Pension Fund

#PakistanPensionReforms #IMFConditions #PensionReform #ContributoryPensionFund #GovernmentExpenses #PakistanEconomy #RetirementBenefits #DoublePensionBan #PayAndPensionCommission #FinancialReform #GovernmentPolicy #PublicSectorPension #MilitaryPension #PakistanFinance #PensionSystem #EconomicReforms #CivilService #FiscalManagement #PakistanBudget2025 #EconomicSustainability #RetirementPlans

Pakistan has implemented significant pension reforms at the start of 2025, in line with IMF conditions to manage government expenses. The reforms, based on the Pay and Pension Commission's 2020 recommendations, include a ban on double pensions for government employees. The new contributory pension scheme, effective from FY 2024-25, requires federal civilian employees and military recruits to contribute to the pension fund. The government aims to reduce the pension burden, which exceeds 1 trillion PKR. These reforms focus on reducing long-term pension liabilities and fostering sustainable pension practices.

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