{"id":118091,"date":"2025-08-04T11:44:09","date_gmt":"2025-08-04T11:44:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/118091\/"},"modified":"2025-08-04T11:44:09","modified_gmt":"2025-08-04T11:44:09","slug":"contributory-pension-fund-set-up","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/118091\/","title":{"rendered":"Contributory pension fund set up"},"content":{"rendered":"<p>                                                                                                                                                                                                         <strong class=\"location-names\"><br \/>\n                                        ISLAMABAD:<\/p>\n<p>        <\/strong><\/p>\n<p>The Pakistan Sports Board (PSB) has established a Contributory Pension Fund to ensure long-term pension sustainability and to address future financial pressures.<\/p>\n<p>This decision was taken during the 34th PSB Board meeting, where amendments to the existing pension rules were discussed, said a press release. Following the board&#8217;s approval, a formal notification was issued for the establishment of the fund.<\/p>\n<p>The fund will be operated on a shared contribution model. Serving employees will contribute 10% of their basic pay, retired employees will also contribute 10%, and pensioners above the age of 72 will contribute 20%. the PSB itself will contribute an additional 20%.<\/p>\n","protected":false},"excerpt":{"rendered":"ISLAMABAD: The Pakistan Sports Board (PSB) has established a Contributory Pension Fund to ensure long-term pension sustainability and&hellip;\n","protected":false},"author":3,"featured_media":118092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,5510,3775,255,67,132,68],"class_list":{"0":"post-118091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-latest","10":"tag-pakistan","11":"tag-personal-finance","12":"tag-united-states","13":"tag-unitedstates","14":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114970326687008822","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/118091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=118091"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/118091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/118092"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=118091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=118091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=118091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}