Pensioners greatly disappointed
Millions of pensioners like me across the country have been greatly disappointed with yet another meagre increase of 10 per cent announced in the Federal Budget for next financial year. This is nothing more than peanuts in the face of mounting price hike of essential articles despite all thumping announcements made by the Federal and Punjab Governments about socalled price control measures.
The pensioners expected at least 20 per cent rise, if not more, so that they manage their domestic budgets. PPP government was better in this respect as compared to present PML(N) government which had regularly announced 20 per cent increase in the pension of retired public servants. Both the serving state employees as well as deserved at least 20% rise in their salaries and pensions; however, the pensioners should have given more rise than the serving public servants who have salaries plus residences and other incenstives and perks to cope with the mounting price hike of essential articles, whereas the pensioners have to live on the meagre pension they get.
The Federal Minister has also announced 25 per cent increase in the pension of retired employees of over 86 years. How many of us are going to live that long only Almighty Allah knows. In this regard, it would have been better if the announced increased was given to all pensioner, rendered senior citizen being beyond 60 years of age. The Federal Minister may be good at jugglery of figures as a chartered accountant but he cannot make a domestic budget of a pensioner who is getting about Rs 25 thousand pension every month even after retirement 16 years back and living in a rented premises. — Lahore