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The Law Minister Azam Nazeer Tarar clarified that pension reforms will be across the board and will be carried out by taking the parliament on board. He said a committee headed by the Finance Minister is working on these reforms. He said pension reforms will also require legislation.
READ MORE: Government (Retd) employees’ pension to increase from June 2024: Details inside
During the presser, the Information Minister added that recommendations have been sought to reduce the burden of pensions. He said matters pertaining to the length of service are being discussed and there is a proposal to apply it to all the institutions.
He assured that once these matters are finalized, the public will be informed accordingly.
Addressing the broader economic context, Aurangzeb hinted at impending structural reforms, coinciding with preparations for a forthcoming International Monetary Fund bailout package.
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