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The Pension Bomb

Pension

The Pension Bomb

“The government is paying Rs470 billion on account of pensions [to former government employees or their spouses]. This amount is almost equal to the amount [Rs500billion] that we pay to the existing government employees as salaries. At many universities, the amount spent on paying pensions has increased more than spending on salaries. The problem must be streamlined even if we have to hire the world’s top consultant for it.” — PM Imran Khan

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