Ministry of Finance develops unified tracking system to securely record retirement histories and ensure timely transfers
The Ministry of Finance, in collaboration with the Controller General of Accounts and the Accountant General of Revenue of Pakistan, has launched initiatives to improve the pension disbursement system for overseas Pakistani retirees, Pakistan Associated Press reported Sunday.
According to a document obtained by Wealth PakistanThe government is tackling long-standing issues with pension payments, data integration and logistical challenges to ensure retirees living overseas receive their benefits without delay.
The Finance Department is working to strengthen the pension management system and the General Provident Fund (GPF) by improving the integration of data between autonomous organizations and the AGPR. This link should streamline the treatment of pensions and GPF contributions, particularly for employees on deputation.
“Better coordination will ensure smoother and more accurate pension transfers for civil servants operating under separate contribution mechanisms,” the Finance Division said.
The ministry is also developing a robust and unified tracking system to securely record retirement histories and ensure timely transfers. Efforts are underway to improve disbursement procedures for employees of abolished or merged entities, as well as those approaching retirement or superannuation.
“The Finance Division has focused on prioritizing cases involving leave encashment and GPF withdrawals, while preserving the rights and benefits of all retirees,” the document added.
Foreign retirees should benefit from simplified account opening and verification procedures. The National Database and Registration Authority (NADRA) is developing a dedicated online platform enabling biometric and facial recognition verification from anywhere in the world.
Through the platform, retirees will be able to submit life certificates remotely, eliminating the need to travel to Pakistan for physical verification. Once operational, the system is expected to reduce inconvenience and ensure timely payment of pensions.
The Ministry of Finance has asked the State Bank of Pakistan to work closely with commercial banks to synchronize systems and implement the proposed online application.
“These reforms are part of the government’s broader efforts to modernize the public sector pension system and provide better services to Pakistani retirees, regardless of their geographical location,” the ministry said.
