pakistan
Pension and dues non-payment crisis becomes critical
Key takeaways
- The issue of pension and retirement dues for employees of 25 towns of Karachi Metropolitan Corporation (KMC) has become grave, with more than Rs. 9.86 billion required to clear outstanding liabilities.
- The constitutional bench of the Sindh High Court (SHC) heard the case; during the hearing, officials revealed that the payment of pension and retirement benefits to former employees had reached a critical stage.
- The KMC has taken the stand before the court that over Rs. 9.86 billion was needed to fully settle pension-related obligations and retirement benefits payable to retired employees.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize. The issue of pension and retirement dues for employees of 25 towns of Karachi Metropolitan Corporation (KMC) has become grave, with more than Rs. 9.86 billion required to clear outstanding liabilities.
The constitutional bench of the Sindh High Court (SHC) heard the case; during the hearing, officials revealed that the payment of pension and retirement benefits to former employees had reached a critical stage.
The KMC has taken the stand before the court that over Rs. 9.86 billion was needed to fully settle pension-related obligations and retirement benefits payable to retired employees.
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop