The oldest engineering university in Pakistan, University of Engineering & Technology (UET) Lahore, is grappling with an extreme financial crunch as it has announced a reduction in the salaries and pensions for June.

UET has been facing a financial shortage primarily due to the cut in budget imposed by the Higher Education Commission (HEC).


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Non-recovery of non-refundable loan from the Punjab government to Rachna College of Engineering & Technology (RCET) and non-recovery of student dues only aggravated the dire situation for UET Lahore.

According to the official letter sent to the UET faculty and staff, the institute is facing a shortage of Rs. 93 million for the disbursement of complete salaries of all employees for June.

As per the revised salaries, Vice-Chancellor of UET will receive 50% of the normal pay for this month, BPS-18 to 21 employees will receive 65%, and BPS-17 will receive 70% of the usual salary.

The UET administration will pay 80% salary to BPS-11 to 16 employees and 90% to BPS-5 to 10 employees.


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Meanwhile, BPS-1 to 4 employees will receive their full salary for June.

As for pensions, A-Class pensioners will receive 65% of their pension in June, B-Class 70% while C-class will receive 100% of their pension.

The disbursement of the salaries and pensions for June has been deferred until the availability of adequate financial resources, according to UET administration.

The post UET Lahore Cuts Salaries and Pensions for June appeared first on .

Originally Published on ProPakistani.com

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