ISLAMABAD: The government has made smart card to provide 2.1 million retired civilian and military employees with pension.
“The smart card having features of biometric verification will be issued after March 15, 2013, enabling pensioners to draw their pensions without facing any hassle,” Federal Minister for Finance Saleem Mandviwalla said while addressing a joint press conference with Director General National Database and Registration Authority (Nadra) Gohar Ahmed Khan at the Q Block on Tuesday.
The minister said that the cost of smart card would be borne 50 percent each by the finance ministry and Nadra as both sides would contribute Rs750 each to provide free of cost smart card to all pensioners.
“The transaction cost for drawing pension through smart card will be 1.5 percent of total amount compared to three percent deduction made by Post Office or banks under existing arrangement,” DG Nadra said.
The pensioners will have to apply for smart ID cards and their data will be verified from general accountant or military accountant. Nadra’s 6,000 franchises will be used to facilitate pensioners, he added.
This mechanism will end ghost pensioners as finger prints will be required at time of drawing pensions, he maintained.