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QUETTA, Oct 31 (APP): Secretary Finance Muhammad Jahangir Kakar on Friday said that the Balochistan government is committed to establishing a long-lasting and effective pension system, to ensure future financial security for the employees across the province.
He said this while addressing at signing agreement here.
The Finance Department of the Government of Balochistan and fifteen (15) major pension fund managers of the country have signed formal agreements under the Balochistan Contributory Pension Scheme 2025.
On this occasion, the agreements were signed by Special Secretary Finance Muhammad Jahangir Kakar on behalf of the Government of Balochistan.
The Secretary said that these agreements are a significant step towards establishing a modern and sustainable pension system in the province, which would play a significant role in financial discipline and stability.
The institutions that have joined the scheme including 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, Faisal 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, Secretary Finance Jahangir Kakar thanked all the fund managers and expressed his best wishes for the success of the Balochistan Contributory Pension Scheme.