Punjab Govt’s Approved Adhoc Relief Allowance: Here is the Approved Summary for Punjab Employees BPS-01 to BPS-22 in ARA-2023. According to the summary, Punjab workers will receive a 35% Adhoc Relief Allowance for BPS-01 to BPS-16.
Employees in BPS-17 and higher from Punjab will receive ARA-2023 at a rate of 30% on their existing basic salary. Previously, the Punjab Government had only declared a 30% Adhoc Relief Allowance based on the initial basic pay. Now, the workforce will receive the ARA based on their current running basic pay.
This adjustment will be applicable for both employees and pensioners starting from August 1st, 2023. The particulars are as follows:
Punjab Govt’s Approved Adhoc Relief Allowance
Approved ARA-2023: 35% and 30% Relief Allowance for Punjab Employees
Following the exposition regarding the fiscal plan 2023-2024, the Punjab Administration declared a surge of 30% in the per month earnings of every public worker laboring in governmental divisions. However, the entire array of government staff put forth the appeal to enhance their per month wages to 35% of their prevailing fundamental remuneration.
The Finance Department’s Secretary succinctly introduced this proposition to the Punjab government cabinet. After comprehensive discourse and input during a cabinet session, the government concurred to designate a sum of 352.00 billion Rupees as the remuneration allocation for the duration of four months spanning from July to October within the financial year 2023-2024.
- The Punjab administration designates a sum of Rs. 158.40 billion on the regional tier.
- Furthermore, an additional amount of Rs. 193.6 billion is set aside as part of the PFC share.
- These specified sums are allocated in response to the REs of Rs. 941.00 billion from the previous fiscal year.
- A total of Rs. 117.40 billion is apportioned for pensioners, covering the four-month duration spanning July to October within the fiscal year 2023-2024. This allocation is made by the administration in accordance with the REs of Rs. 325.630 billion recorded in the previous fiscal period.
Budget Allocation: 30% Salary Increase and 5% Pension Hike
The prior gathering of the cabinet also deliberates on the appeal from government workers to enhance their monthly wages owing to inflationary forces. Subsequent to this assembly on June 19, 2023, the government opts to raise 30% of the monthly remunerations for government employees ranging from BPS-01 to BPS-22. Additionally, a 5% augmentation in monthly pensions is approved.
- To boost wages, the administration assigns Rs. 87.99 billion for the remuneration of state workers at a rate of 30%.
- A 5% growth was witnessed in the retirement funds for every retiree up to 80 years old.
- Furthermore, a 20% rise in pension is applied to retirees surpassing the age of 80 years.
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Salaries Increase Approval: 35% / 30% in Meeting Minutes
The cabinet examines and endorses the suggestion in accordance with paragraph 10.3. Punjab Government sanctions this augmentation in ongoing fundamental remuneration for all government workers.
Cabinet appeals to endorse the provision of Adhoc Relief Allowance as follows:
- Grade levels BPS-01 to BPS-16 will receive 35% of their current Basic Pay as of 30-06-2023.
- For grade levels BPS-17 to BPS-22 and beyond, 30% of their current Basic Pay as of 30-06-2023 will be granted.
- Moreover, the government has sanctioned extra financial ramifications of a net supplementary grant totaling Rs. 31 billion.
Approval of 17.5% Pension Increase
- The authorities have granted their consent for a rise of 17.5% in pension.
- Nevertheless, a 5% augmentation in pension is sanctioned for former government staff or civil pensioners, applicable until they reach the age of 80.
- A pension hike of 20% is given to retired government employees or civil pensioners who surpass 80 years of age as of July 1, 2023.
Admissibility of 17.5% Pension Increase
The rise in retirement benefits at a rate of 17.5% is not eligible for individuals who conclude their service on or following the initial day of August 2023.
