Promise Tracker

Contributory Pension Fund

Budget Speech para. 323: "With the changes in the demographics, we must seriously look into the pension schemes in the country. Honourable Speaker, as I have said before, the government's unfunded pension scheme is a time bomb waiting to explode. As spelt out in the 2016 budget we took clear steps to initiate a contributory pension scheme which is now in effect for which I propose to allocate Rs. 1,000 million. Contrary to popular belief, this is not the government trying to abscond its responsibilities; instead this is the work of a responsible government"
  • Allocation (Rs. Mn) :  1,000
  • Sector :  Social Welfare
  • Ministry / Government Institution :  Ministry of Public Administration and Management

OPENNESS

Closed

No information available and unresponsive to RTI request

PROGRESS

Undisclosed

Insufficient or no information to determine status of promise

Documents

Sources of Information