Finance Minister emphasizes importance of reviewing existing pay and pension mechanism
ISLAMABAD (City News) – Chairperson Pay and Pension Commission Nargis Sethi called on Minister for Finance and Revenue Dr Abdul Hafeez Sheikh in Islamabad on Friday.
She briefed the Finance Minister about the working of Pay and Pension Commission to resolve the issue of burgeoning expenditure as pensions on the government exchequer as well as anomalies in pay and pension structure.
On the occasion, the Finance Minister emphasized the importance of reviewing the existing pay and pension mechanism, allowances, perks and possibilities of monetization in order to have a financially viable solution for government employees.
During the meeting, the Chairperson apprised the Finance Minister about the working of the sub-committees and reiterated her commitment for streamlining the prevailing system of pay and pension based on principles of fairness and transparency.