Good News for Pensioners as SECP Approves New Pension Funds

April 2026 – The Securities and Exchange Commission of Pakistan has approved new pension funds for Punjab and Balochistan, bringing relief for government employees and pensioners.

The move is seen as an important step to improve the pension system and ensure better financial support after retirement.

More Pension Funds Approved

According to officials, eight new pension funds have been approved for Balochistan. This brings the total number of funds in the province to 15.

In Punjab, one additional pension fund has been approved, increasing the total to 25.

New Pension System Being Introduced

Authorities say the contribution-based pension system has already started in Balochistan. It will gradually be introduced in other government departments as well.

This system is expected to reduce long-term financial pressure on the government while providing better benefits to employees at the time of retirement.

Private Sector to Manage Funds

The SECP said that the new pension funds will be managed by private asset management companies on a professional basis.

Officials believe this will improve transparency and performance of pension funds, ensuring safer and more efficient handling of retirement savings.

Relief for Future Pensioners

Experts say this step could bring long-term stability to the pension system in Pakistan. It may also help employees plan their future finances more effectively.

The government aims to expand this system across more provinces in the coming years.