Govt employees to now serve three-month notice period

The federal government of Pakistan has mandated a three-month notice period for government employees seeking voluntary retirement. This measure aims to allow sufficient time for the authorities to fill the vacated positions and streamline pension eligibility criteria based on qualifying service. Additionally, a new Voluntary Pension Scheme is set to be implemented from 1st July.

federal govt, government employees, pension, early retirement, finance ministry,
khabristan.pk
ISLAMABAD: The federal government has made it mandatory for government employees to serve a three-month notice period before voluntary retirement, ARY News reported.

The finance ministry in a circular, sent to all federal ministries and divisions of Pakistan, bounded government employees to inform the relevant authority three months before their voluntary retirement.

According to the ministry, the three-month period will give the relevant authority ample time to hire for the position, the retiring officials had been holding.

The ministry said that government employees who retire after completing 25 years of service will be eligible for pension after their voluntary retirement.

However, an inquiry will be conducted to fix the responsibility in case of any loses to the retiring officials.

The development came after the finance ministry said that a few cases were reported where the retiring officials had submitted their resignations and were accepted by the relevant authorities.

However, the 25 years qualifying service for pension had not been rendered e.g. the period of extra-ordinary leave had not been excluded from the officials’ service.

Without the exclusion of the extra-ordinary leave from the service, the servants were declared ineligible for pension, the ministry added.

Last month, reports said that the federal government was introducing the Voluntary Pension Scheme from July 1 to replace the existing traditional pension setup on demand of the IMF.

All newly recruited government employees will be awarded voluntary pension scheme from July 1, while the old government employees will be given pension from official budget. The government could transfer the employees to new pension scheme with their consent.

The recent announcement that government employees will now be required to serve a three-month notice period before leaving their positions has sparked varied discussions and reactions. This significant policy change is aimed at ensuring smoother transitions and continuity within government departments. It reflects the government’s commitment to effective human resource management and organizational stability. The decision is anticipated to bring greater professionalism and structured planning to the process of employee departures. While this move may present challenges and adjustments for both employees and employers, its overarching objective is to optimize operational efficiency and facilitate better succession planning. It’s essential for employees and stakeholders to engage constructively with this development and adhere to the stipulated procedures. This shift in policy underscores the ongoing evolution of administrative practices within the public sector, highlighting the importance of adapting to changing workforce dynamics in pursuit of enhanced governance and service delivery.

Source: ARY NEWS

Government employees in Pakistan must now adhere to a three-month notice period before voluntary retirement, as mandated by the finance ministry. This circular applies to all federal ministries and divisions. The notice requirement aims to facilitate timely hiring for vacated positions. Retiring employees with 25 years of service will be eligible for pension, subject to an inquiry in case of any losses. Additionally, a new Voluntary Pension Scheme will be introduced from July 1, replacing the traditional pension setup, with provisions for both newly recruited and existing government employees.

Disclaimer:
This content is AI-generated using IFTTT AI Content Creator. While we strive for accuracy, it’s a tool for rapid updates. We’re committed to filtering information, not reproducing or endorsing misinformation. – Khabristan.pk for more information visit privacy policy

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

President Erdogan announced to reduce prices and increase wages

Fawad Chaudhry request to Twitter CEO Elon Musk.

Apocalyptic heat, which city’s temperature can go up to 50 degrees today?