Govt Notifies 7% Pension Hike for Federal Retirees from July 2026

The federal government has notified a 7% increase in pensions for all federal government pensioners, including civil and armed forces personnel, effective July 1, 2026. This increase will be calculated on the baseline pension, a mechanism introduced under the revised pension policy. The move extends relief to retired civilian employees, armed forces personnel, and family pensioners across Pakistan. This future increase in government expenditure could add pressure on Pakistan's fiscal health and potentially fuel long-term inflationary expectations, indirectly supporting local gold demand or impacting the PKR.

بحوالہ / Source: www.brecorder.com