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PTCL Starts Pensioners’ Data Verification After SC Upholds Liability

  • July 17, 2025
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PTCL has started verifying the data of its retired employees following a Supreme Court ruling that held the company accountable for fulfilling post-retirement pension obligations. This development follows the verdict delivered on July 10, 2025, where the court dismissed PTCL’s review petition and reaffirmed its financial responsibility toward pensioners. The ruling applies to over 250 appeals and petitions, addressing long-standing disputes over pension rights and entitlements for former PTCL staff.

In a formal statement submitted to the Pakistan Stock Exchange, PTCL confirmed the initiation of a data verification process for pensioners. Once the data collection and validation are complete, it will be forwarded to the Pakistan Telecommunication Employees Trust (PTET). PTET will use the verified records to calculate the pension contributions due from PTCL. The company has stated that it will update its financial statements accordingly, based on the outcomes of this calculation process.

PTCL acknowledged the scale and complexity of this verification effort. It indicated that assessing the full financial impact will require time, as it is closely tied to the completion and accuracy of all relevant records. While providing no fixed timeline for the process, PTCL has assured that transparency and compliance with all legal obligations remain a priority. The verification is expected to support the development of a clear financial plan to meet the company’s commitments.

According to the Supreme Court’s judgment, retired PTCL employees are entitled to full pension benefits, including all increases announced by the government for civil servants. The court emphasized that financial constraints do not exempt PTCL from its responsibilities. It instructed the company to prepare and submit a payment schedule within a period of 90 days. This schedule must outline how and when the pension dues will be paid, in line with the legal decision.

The judgment serves as a resolution to a longstanding legal conflict that has affected thousands of former employees seeking pension adjustments and increases on par with civil service standards. PTCL has now been directed to coordinate closely with PTET, ensuring that every eligible retiree is accounted for during the verification phase.

By initiating this verification process, PTCL is taking the first concrete step toward resolving its pension-related liabilities. The outcome of this initiative will determine not only the size of the payments due but also the company’s approach to structuring future post-retirement benefits. Stakeholders, including former employees and industry observers, are expected to monitor the process closely as PTCL works toward meeting the Supreme Court’s mandate.

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Related Topics
  • data validation
  • pension liabilities
  • pension verification
  • PSX disclosure
  • PTCL
  • PTET
  • retired employees
  • Supreme Court Pakistan
  • telecom pensions
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