SBP pensioners

March 26, 2020


I DRAW the authorities’ attention to the ever increasing hike in the prices of essential commodities which is having an adverse effect on the lives of the poor people of this country.

The pensioners of State Bank of Pakistan feel that they are being victimised as they have been allowed only an eight per cent increase in their total pension after the long awaited seven-month period, whereas the federal government started paying its pensioners at the enhanced rate of 10pc from July 2019.

Last year also the SBP increased pension at a rate lower than the federal government, which was five per cent. Prior to this the SBP management did not enhance pension for many years.

The SBP pensioners request the prime minister to order the State Bank authorities to enhance pensions and bring it at par with other retired employees.

Dr Ali Akbar Dhakan

Published in Dawn, March 26th, 2020