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    Post New pension formula for civilian employees soon

    ISLAMABAD: Unified Pay Scales Commission Chairman and former State Bank of Pakistan (SBP) governor Dr Ishrat Hussain on Thursday said the commission has decided to propose a new pension formula under which percentage of last pay drawn would be reduced so as to minimise the financial impact of introduction of proposed unified pay scales.However, the commission has decided to propose unified pay scales for all 2.5 million federal and provincial civilian employees and there would be no option to re... more

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