Govt Plans to Extend Pension System to Domestic and Agricultural Workers

Lawmakers have pressed an urgent expansion of Pakistan's pension and social protection system to cover millions of workers in the informal economy.

TechnologyNews Info Wire2 min read
Punjab Approves 2 New Pension Schemes for PSIC Employees

Lawmakers have pressed an urgent expansion of Pakistan's pension and social protection system to cover millions of workers in the informal economy.

Article outline

  1. What happened
  2. Official response
  3. The details
  4. A closer look
  5. The bottom line

Key points

  • Suthra Punjab Contractors Stop Sanitation Work in 21 Tehsils Over Unpaid Dues.
  • The call was created during a gathering of the Cabinet Committee on Pension Reforms for the Uncovered Labour Force on Thursday.
  • Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
  • Federal Minister for Law and Justice Senator Azam Nazeer Tarar.
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They stressed the need to bring domestic workers, agricultural labourers and self-employed individuals into the national safety net.

Meanwhile, the call was created during a gathering of the Cabinet Committee on Pension Reforms for the Uncovered Labour Force on Thursday.

Members remarked every worker, regardless of employment status, should have access to a secure financial future through a pension. Sindh Approves 7% Salary Increment for Rescue 1122.

Federal Minister for Law and Justice Senator Azam Nazeer Tarar. This person chaired the session, stated the proposed pension framework would be designed to ensure broad access, long-term financial sustainability and viability for future generations.

He remarked the plan would additionally remain aligned with international standards and the principles of the International Labour Organisation.

Meanwhile, the committee reviewed different models for extending pension coverage to workers at present excluded from formal pension arrangements.

Meanwhile, the committee focused on a proposed voluntary pension scheme for domestic workers, agricultural labourers, self-employed individuals, and other workers in the informal sector.

Members additionally examined feasible contribution mechanisms for employers, employees and self-employed workers.

They additionally discussed digital registration, transparent record-keeping, and the scheme's long-term financial sustainability. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.

For now, govt Plans to Extend Pension System to Domestic and Agricultural Workers remains the part of the story worth watching, and further updates are likely as more details are confirmed.

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