Pakistan’s Ministry of Finance has launched new initiatives to modernise the national pension system. The reforms specifically aim to address long-standing issues faced by retirees living abroad.
The government is addressing issues with pension disbursements, data integration, and logistics. The goal is to ensure overseas Pakistani pensioners receive their benefits without unnecessary delays
The Finance Division is strengthening the pension and General Provident Fund (GPF) system. It is improving data integration between autonomous bodies and the Accountant General of Pakistan Revenue (AGPR).
This better coordination will streamline pension processing. It will especially help employees who have been on deputation during their careers.
Officials are also developing a unified tracking system. This system will securely record pension histories and guarantee timely transfers for all retirees. A major change involves verification for pensioners abroad. The National Database and Registration Authority (NADRA) is creating a dedicated online platform.
This platform will use biometric and facial-recognition technology. It will allow pensioners to verify their identity from anywhere in the world. Retirees will be able to submit proof-of-life certificates remotely. This eliminates the need for costly and difficult travel back to Pakistan.
The State Bank of Pakistan will work with commercial banks to synchronise systems. This ensures the smooth implementation of the new online application process. These reforms are part of a broader government effort. The aim is to modernise the public sector pension system and provide better service to all pensioners, regardless of their location.
