Mayor Karachi, Barrister Murtaza Wahab, distributed pension arrears cheques worth Rs 310 million among retired employees of the Karachi Metropolitan Corporation (KMC) and announced the introduction of the KMC Pension Card.
The ceremony was attended by Deputy Mayor Karachi Salman Abdullah Murad, Municipal Commissioner KMC Abrar Jaffer, Pakistan Peoples Party Parliamentary Leader in the City Council Karamullah Waqasi, Deputy Parliamentary Leader Dil Muhammad, Jaman Darwan, President of Peoples Labour Bureau Karachi Division Aslam Samoo, and other officials.
Addressing the cheque distribution ceremony, the Mayor said that resolving the long-standing issues faced by retired KMC employees, which had remained pending for many years, had been a priority of the present city administration.
He stated that due to the flawed policies of previous governments, retired employees had been deprived of their legitimate rights; however, the current elected leadership had taken practical steps to address these issues.
He said that when the present administration assumed office three years ago, KMC had pension liabilities amounting to approximately Rs. 11 billion. Through prudent financial planning and effective investment of available resources, pension arrears of employees who retired between 2013 and 2019 are being cleared in phases, while Rs. 310 million is being disbursed today.
He added that approximately Rs. 6.2 billion in pension arrears still remains to be paid, and work in this regard is progressing rapidly.
He further said that KMC now ensures that all retired employees receive their monthly pension on the first day of every month, and there is currently no outstanding liability against regular pension payments.