Contribution Mechanism
Participants or their employer on their behalf can deposit contributions to the Fund in the account of “CDC-Trustee Alfalah GOPB Pension Fund” & “CDC Trustee Alfalah GOPB Islamic Pension Fund” in the following manner:
- Direct bank transfer
- Standing instructions from the Participants to their bank for regular transfer of contribution
- In the form of “Account Payee Only” cheques, payment orders or demand drafts
- Any other electronic form of transfer
Investment Mechanism
The contribution amount is credited to the Participant’s Individual Pension Account and is invested in the underlying Sub-fund as per the Allocation Scheme selected by the Participant.
Structure of Alfalah Government of Punjab Employee Pension Fund
The structure and investment parameters of Alfalah Government of Punjab Employee Pension Fund is approved by the SECP under the Punjab Contributory Provident Fund Rules 2025, and Voluntary Pension System Rules 2005.
The Employees of Punjab Government are to register as participants to open their Individual Pension Account (IPA) with a selected Fund Manager. The Punjab Government will arrange to transfer contributions to the respective employee’s IPA on behalf of both Employee participant and Employer on a regular basis.
Digital Account Opening Process
- Visit Punjab Pension Fund System
- Click on “Don’t have an account? Click to Register”
- Add your personal number (optional) and CNIC (mandatory, without dashes) and create a password to register
- Once registered, login from the main page using your CNIC and password
- After logging in, click on “Update profile”
- Add all your personal and bank details appearing on the screen
- Once all details are filled in, click on “Create my profile” to open your digital account
