Tag Archives: Actuarial firm being hired to study implications of growing pension bill

ISLAMABAD: The government is expected to appoint within a week an actuarial firm for a study on actual costs and ramifications of the growing pension bill as the government considers existing system of payment of salaries and pensions as unsustainable. “The current model of disbursements of pay and pensions is not sustainable,” said Finance Minister Hammad Azhar on Tuesday. “There’s …

Read More »