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Billions of rupees require to settle PTCL pensioners issue, IT Body informed

04:52 PM | 30 Oct, 2015
Billions of rupees require to settle PTCL pensioners issue, IT Body informed
ISLAMABAD (Staff Report) - Senate Standing Committee on Information Technology and Telecommunication was informed Thursday that around 40,000 pensioners of Pakistan Telecommunication Company Limited (PTCL) have been issued proforma to determine payable amount and other details in respect of pension benefits.

"Billions of rupees are required to settle pensioners matters. The pensioners are being paid pensions but the issue is settlement of increase in their pension," Minister of State for IT, Mrs. Anusha
Rahman said.

The meeting, chaired by Senator Shahi Syed was also informed that till 2010, the pension increases announced by the federal government were adopted by Pakistan Telecommunication Employees Trust (PTET) (agreed by Pakistan Telecommunication Company Limited) without any modification.

However, the Federal government announced an unusual 20 per cent increase in pension in 2010, which was not applied by PTET Board to all the pensioners, keeping in view of applicable legal framework.

The meeting was attended by Senators including Rehman Malik, Mrs. Najma Hameed, Gianchand, Taj Muhammad Afridi, Ghous Muhammad Khan Niazi and Syed Shibli Faraz, Secretary IT, Azmat Ali Ranjha, Chairman Pakistan Telecommunication Authority (PTA), Dr. Ismail Shah and representatives of Special Communication Organization (SCO), Federal Bureau of Revenue (FBR), Universal Service Fund (USF) and
National Telecommunication Corporation (NTC).

Senator Rehman Malik said retired employees tirelessly pursued the case of non-payment of their pensions and Supreme Court had finally helped the retired employees by ordering PTCL to clear all
dues.

Anusha Rahman said now PTET, Federation of Pakistan and PTCL have file review applications in Supreme Court where the preliminary proceedings were held on October 21. The next date of hearing in the
matter is November 10.

All the Committee members present in the meeting emphasized settlement of this matter on priority as per employees-favourable verdict of Supreme Court.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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