The Securities and Exchange Commission of Pakistan (SECP) has strengthened Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one fund for the Government of Punjab.
Islamabad (UrduPoint / Pakistan Point News – April 7, 2026) Islamabad Securities and Exchange Commission Pakistan The Securities and Exchange Commission of Pakistan (SECP) has strengthened Pakistan’s pension reform agenda by approving eight additional pension funds for the Government of Balochistan and one fund for the Government of Punjab.
With these latest approvals, the total number of authorized pension funds in Balochistan has risen to fifteen, while the total number of pension funds in Punjab has reached twenty-five. The newly approved funds for Balochistan will be managed by JS Investments Limited, Alfalah Asset Management Limited, NBP Fund Management Limited and UBL Fund Managers Limited. The Punjab Fund will be managed by AWT Investments Limited.
This development builds on the SEC’s earlier approval of seven pension funds for Balochistan under the Contributory Pension Scheme Rules 2025, marking the initial implementation of the defined contribution (DC) pension model in the province.
These approvals are part of the Government’s wider strategy to move from the traditional defined benefit (DB) pension system to a more sustainable, transparent and financially responsible defined contribution framework.
The Securities and Exchange Commission continues to play a central enabling role in this national transformation. The sustainable development model is expected to reduce long-term pension liabilities, improve financial sustainability, and provide greater transparency and individual ownership of retirement savings through professionally managed pension funds.