Punjab Finance Department Changes Pension Rules For Employees

On February 24, 2026, the Punjab Finance Department officially announced significant amendments to pension rules for government employees, which are aimed at enhancing transparency and discipline within the pension system. The new regulations stipulate that employees seeking voluntary retirement must now complete a minimum of 25 years of qualifying service and be at least 55 years old. Retirement will only be approved when both conditions are met, meaning an employee cannot retire early unless both the service period and age limit are fulfilled. Additionally, for those facing compulsory retirement, pension matters will now be governed by these new rules after 20 years of qualifying service. The amendments also address pension provisions in cases of corruption or misconduct, making the completion of qualifying service a mandatory requirement in such instances. Officials emphasize that these reforms are designed to improve transparency, fairness, and discipline within the pension system, aiming to prevent misuse and ensure accountability (StartupPakistan).