QUETTA: The Finance Department of the Government of Balochistan has signed formal agreements with fifteen of the country’s leading pension fund managers under the Balochistan Contributory Pension Scheme 2025.
On behalf of the provincial government, the agreements were signed by Special Secretary Finance, Mr. Muhammad Jahangir Kakar.
These agreements mark a major step toward establishing a modern and sustainable pension system in the province, expected to strengthen financial discipline and stability.
The institutions participating in the scheme include: ABL Asset Management Company Limited, Al Habib Asset Management Limited, Al Meezan Investment Management Limited, Alfalah Asset Management Limited, Atlas Asset Management Limited, AWT Investments Limited, Faysal Asset Management Limited, HBL Asset Management Limited, JS Investments Limited, Lucky Investments Limited, MCB Investment Management Limited, National Investment Trust Limited, NBP Fund Management Limited, Pak-Qatar Family Takaful Limited, and UBL Fund Managers Limited.
At the end of the ceremony, Special Secretary Finance Muhammad Jahangir Kakar expressed his gratitude to all the fund managers and extended his best wishes for the success of the Balochistan Contributory Pension Scheme.
He reaffirmed the government’s commitment to developing a lasting and effective pension system to ensure financial security for the province’s government employees in the future.
Pensioners in Balochistan form a significant portion of the province’s retired government workforce, relying heavily on pension payments for their post-retirement livelihood.
Over the years, the increasing number of pensioners has placed a considerable financial burden on the provincial budget.
To address this challenge, the Government of Balochistan has been working to introduce sustainable and contributory pension reforms.
The Balochistan Contributory Pension Scheme 2025 is a major step toward ensuring financial stability, transparency, and long-term security for future retirees, reducing dependency on the traditional pension system.
