According to the Ministry of Finance, the Contributory Pension Fund Scheme has been introduced for all the civil employees of the federal government, including civilians paid from Defence Estimates who are appointed on regular basis on or after July 1, 2024.

The Finance Ministry said the scheme would be applicable to the personnel of Armed Forces appointed on regular basis or after July 1, 2025.

The rate of contribution from the employees and the federal government is as follows: Contribution @ 10pc of basic pay by employees, contribution @ 20pc of basic pay of employees by the federal government.

This rate of contribution is purely provisional and subject to change.