Pension plan for Pakistani expats finds few takers

A lack of awareness has hampered a specially designed pension plan for Non-Resident Pakistanis because the scheme is largely going unnoticed in the UAE and other Gulf countries.

Last updated: August 10, 2004 | 01:00

By Aftab Kazmi Bureau Chief And Ashfaq Ahmed, Staff Reporter

1 MIN READ

A lack of awareness has hampered a specially designed pension plan for Non-Resident Pakistanis because the scheme is largely going unnoticed in the UAE and other Gulf countries.

The pension scheme is the first major social security project launched by Pakistan for its overseas workers. ©Gulf News

Plan at a glance Plan

Payment

Maturity Monthly pension
(Rs) Amnt (Rs) Mode Period A-01 120k Lump Sum

5 years 1,896 A-02 120k Lump Sum

10 years 3,362 A-03 120k Lump Sum

15 years 6,059 B-01 24k A

Get the latest news and updates straight to your inbox