{"id":6331,"date":"2022-02-21T17:43:57","date_gmt":"2022-02-21T17:43:57","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=6331"},"modified":"2022-02-21T17:43:57","modified_gmt":"2022-02-21T17:43:57","slug":"pensions-are-kps-largest-budget-challenge-from-less-than-rs-1-billion-in-2005-to-83-billion-today-a-9500-increase","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/pensions-are-kps-largest-budget-challenge-from-less-than-rs-1-billion-in-2005-to-83-billion-today-a-9500-increase\/","title":{"rendered":"Pensions are KP\u2019s largest budget challenge, from less than Rs 1 billion in 2005 to 83 billion today, a 9500% increase"},"content":{"rendered":"<p><span style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\">ISLAMABAD: Pensions are KP&#8217;s largest budget challenge, from less than Rs 1 Billion in 2005 to 83 billion today, a 9500% increase.<\/span><br style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\" \/><br style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\" \/><span style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\">KP&#8217;s pension bill alone would rise from 80 billion to 507 billion within this decade &#8211; almost half (48%) of the budget.<\/span><br style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\" \/><br style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\" \/><span style=\"color: #262626; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif; font-size: 14px;\">KP has led the way in Pakistan in tackling this issue; increasing early retirement age to 55; reducing the unbelievably bloated pension hierarchy; stopping beneficiaries from taking multiple pensions &amp; active employees from taking a pension; and repurposing the pension fund.<\/span><\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/pm-imrans-visit-to-russia-has-great-significance-says-chinese-expert.html\" target=\"_blank\" rel=\"noopener noreferrer\">PM Imran\u2019s visit to Russia has great significance, says Chinese expert<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pensions are KP&#8217;s largest budget challenge, from less than Rs 1 Billion in 2005 to 83 billion today, a 9500% increase.KP&#8217;s pension bill alone would rise from 80 billion to 507 billion within this decade &#8211; almost half (48%) of the budget.KP has led the way in Pakistan in tackling this issue; increasing early [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":6332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[2262,138,183],"class_list":["post-6331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-pakistan","tag-kp-government","tag-pakistan","tag-pm-imran-khan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/6331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=6331"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/6331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/6332"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=6331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=6331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=6331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}