November 26, 2020: Advisor to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Sheikh addressed the inaugural meeting of the Pay and Pension Commission 2020. The Commission is headed by Ms. Nargis Sethi and is composed of senior professionals from the Public and Private sectors as well as serving Federal and Provincial Secretaries, AJK and GB and other senior officials of all the governments, who were also in attendance.
Speaking on the occasion, the Advisor Finance expressed confidence that the Pay and Pension Commission will come up with a financially viable solution to streamline the basic pay scales of Government employees, admissible allowances and pensions. The Commission would follow a consultative process to resolve the burgeoning expenditure on the Government exchequer.
The current model for disbursement of pay and pensions is not sustainable, he added. While assuring the Commission his full support, the Advisor recommended to the Commission that the government is willing to consider Commission’s recommendation even prior to the finalisation of the Report.
Ms. Nargis Sethi, Chairperson of the Pay & Pension Commission briefed about the rationale and mandate of the P & P Commission. She explained that the Commission would review the existing pay and pension structures, allowances, perks & facilities and also to evaluate possibilities of their monetization.
The Chairperson outlined formation of sub-committees which have been assigned terms of reference to deliberate on prevailing pay and pension system across the country. The success of the P & P Commission is dependent on provision of reliable & authentic data in a timely manner from all concerned, she stressed.
