ISLAMABAD: The federal government is considering various options to increase the salary and pension in the financial year 2016-17, official sources told Daily Times. Sources said two options are under consideration. First is to merge all ad hoc allowances of last years into basic salary and boost the wages by 7 to 8 per cent, with accumulative effect of 12 to 13 percent. Second option is to simply give 10 to 15 per cent increase in the salary. Prime Minister Nawaz Sharif has summoned a special meeting of the cabinet on June 3 and final decision on pay raise will be taken there.