{"id":46079,"date":"2025-08-05T03:07:17","date_gmt":"2025-08-05T03:07:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/46079\/"},"modified":"2025-08-05T03:07:17","modified_gmt":"2025-08-05T03:07:17","slug":"contributory-pension-fund-set-up","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/46079\/","title":{"rendered":"Contributory pension fund set up"},"content":{"rendered":"<p>                                        ISLAMABAD:<\/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":2,"featured_media":46080,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,9041,9380,131,132],"class_list":["post-46079","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-latest","tag-pakistan","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/46079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=46079"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/46079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/46080"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=46079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=46079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=46079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}