Investor Presentaiton

138.9 Chapter VI - Debt, Pension and GPF Liabilities PKR 248.700 billion Based on the actuarial valuation, accrued GP Fund liability is estimated at June 30 2020 The growth in GP Fund liability, assuming interest credited to GP Fund balances at the rate of 12% per annum, for 30 years' period, is illustrated in graphical representation as follows: 197.7 279.6 350.2 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 3,154.8 2,591.2 2,112.9 1,714.3 1,377.8 895.8 668.5 469.6 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37 2037-38 2038-39 2039-40 2040-41 2041-42 Capitalization of Punjab General Provident Investment Fund The Government is working on modalities of transferring General Provident Fund contribution deducted from salaries of employees every month to the PGPIF to enable the Fund to achieve a fully funded status in the shortest possible time. In a meanwhile, Government is capitalizing fund from its annual budget. The Government capitalized Punjab General Provident Investment Fund (PGPIF) in FY19-20 with PKR1.720 billion. The Capitalization history is summarized as under: PKR 3,347.592 Mn PKR 1,000.000 Mn PKR 1,000.000 Mn PKR 1,720.000 Mn FY 2013-14 FY 2013-14 FY 2013-14 FY 2013-14 PKR 7,067.592 Mn Total Capitalization by Government Punjab General Provident Investment Fund's Assets Assets of the Punjab General Provident Investment Fund are projected to reach to the tune of PKR 10.4 billion at June 30, 2020. The Government has contributed PKR8.6 billion into the Fund until April 30, 2020 while remaining PKR 1.802 billion has been earned by the Fund through its investments. Page 57 2042-43 2043-44 2044-45

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