Newly recruited employees in government departments of Sindh will not get pension and gratuity on retirement. The Sindh Cabinet approved the implementation of Defined Contributor Pension Scheme 2024. 

In a recent decision by the Sindh Cabinet, newly hired employees in government departments will no longer receive pensions or gratuities upon retirement. This change comes with the approval of the Defined Contributor Pension Scheme 2024.

Under this new scheme, which was discussed in a provincial cabinet meeting led by Chief Minister Murad Ali Shah, employees will be part of a defined contribution pension plan. Employees will contribute 10% of their salary, while the government will add 12%. These contributions will be accumulated in the employee’s account and can be accessed by the employee after retirement or by their heirs in the event of their death.

In addition to the pension scheme changes, the cabinet approved several other measures. The fees for birth certificates will be abolished, and Karunjhar Jabalu Patti will be designated as a protected heritage site. Farmers owning 25 acres of land will be eligible for the Benazir Hari Card.

The meeting also addressed other significant issues, including the allocation of 43 crore rupees for the rehabilitation of the RO plant in Islamkot and support for Cadet College Pak Bahria in Dadu. There were also approvals for measures such as declaring the Karunjhar hiking belt as a protected heritage site, enforcing a 7-year prison term and a fine of Rs 5 lakh for cultivating illicit crops linked to drug production, and introducing legislation against bottom trawling in creeks and provincial sea boundaries. Additionally, penalties including up to 7 years imprisonment and fines of Rs 10 lakh were approved for those involved in drug trafficking and possession.