The Punjab Civil Servants (Amendment) Bill 2024: A Summary
This bill proposes changes to the Punjab Civil Servants Act, 1974. Here's a breakdown of the key points:
1. Introduction of Defined Contribution Pension Scheme:
- The bill introduces a new pension scheme called the "Defined Contribution Pension Scheme" for civil servants recruited on or after the commencement of the Punjab Civil Servants (Amendment) Ordinance 2023. (This Ordinance was likely passed earlier in 2023)
2. Changes to Pension and Gratuity:
Civil servants appointed before the Ordinance (likely receiving traditional pension) remain under existing pension and gratuity rules.The bill clarifies rules regarding:
- Family receiving pension/gratuity in case of death of the civil servant.
- Denial of pension for dismissal due to disciplinary reasons (compassionate allowance may be granted).
- Provisional pension/gratuity in case of delay in determining final amount.
3. Repeal of Ordinance:
The Punjab Civil Servants (Amendment) Ordinance 2023 (likely a temporary measure) is repealed by this Act.What's not mentioned in the Bill:
- Specific details of the Defined Contribution Pension Scheme, such as contribution rates, investment strategies, and withdrawal options.
- Exceptions to the Defined Contribution Pension Scheme rules.
Overall, this bill formalizes the Defined Contribution Pension Scheme introduced earlier through an Ordinance and clarifies pension/gratuity rules for existing and new civil servants in Punjab, Pakistan.
Tags
Legal Articles