Comparative FP Chart: Revised Family Pension (Bank) payable from April 1, 2021

Ministry of Finance (Department of Financial Services) in its letter dated 25.08.2021 addressed to the Chief Executive of IBA conveyed the revision of family pension. According to the letter, the payment of Family Pension should be at a uniform rate of 30% of the pay of the deceased employee without any ceiling on family pension … Continue reading Comparative FP Chart: Revised Family Pension (Bank) payable from April 1, 2021