Introduction

Pakistan Telecommunication Employees Trust (PTET) was established on 1st January 1996 vide The Pakistan Telecommunication (Re-organization) Act 1996, to disburse pension to PTCL pensioners.

Vision:

To be a progressive, efficient and dynamic organization, applying required technology, having a dedicated and compassionate workforce, for achieving excellence in service to meet and exceed its beneficiaries’ expectations.

Mission:

Prudent management of investments, efficient disbursement of pension and buildings maintenance in line with international standards

Highlights

  • Bank Alfalah, Pakistan’s leading banking institution, has entered into a strategic agreement arrangement with Pakistan Telecommunication Employees Trust (PTET) for disbursement of pensions to its pensioners through dedicated digital branchless banking wallets
  • PTET & Allied Bank signed MoU for Pensioners’ facilitation

Announcements

  • Reference to State Bank of Pakistan letter #12(9)-Reg.6/2012.pt1453 dated 5 January 2016, all scheduled banks are responsible to:
    1. Get Life Certificates/Non Marriage Certificates from pensioners.In case of personal appearance, the bank manager may persoanlly verify the pensioner's existence
    2. Render the pensioner's account dormant if Non Marriage/Life Certificate is not recieved after every 6 months or if the pensioner fails to draw pension for consecutive 6 months
    3. Undrawn pesnion for consecutive 6 months or over is to be withdrawn from pensioner's account and credited to Account Office
  • View only access for self information

Main Functions

On-time payment of monthly pension and prudent cash and property investments with minimum risk

Pension Payment

Disbursed to over 40,000 pensioners every month through Pakistan Post and Banks

  1. Through Pakistan Post

    Computerized pension payment system is available for pensioner's convenience at Pakistan Post

  2. Through Banks

    PTET has also extended pension payment facility through banks as recomended by State Bank Of Pakistan through revised circular dated 6th May, 2011

  3. Commutation / Gratuity / Arrears

    Commutation / Gratuity / Arrears are paid only through pensioners' bank accounts

Fund Management

Fund is managed as per decisions of the Board keeping in view the Authorized / Specified Limits of PTET Investment Rules 2003 (SRO.77(KE) 2003 dated 23rd July,2003)

About 90% of the Portfolio invested in Government Securities / National Bank of Pakistan, 9% in Properties and 1% in A-rated scheduled commercial banks for working capital requirements

Management of Properties

Two ultra modern, state of the art highrise buildings in Islamabad:

  1. Telecom Tower - Ufone Tower

    28 Floors (4 BSMT + 24 ) Height = 354ft

  2. Tele House

    13 Floors (3 BSMT + 10 ) Height = 131ft

PTET

Pakistan Telecommunication Employees Trust (PTET) was established on 1st January 1996 vide The Pakistan Telecommunication (Re-organization) Act 1996, to disburse pension to PTCL pensioners.

The Trust is managed by a Board of six Trustees, three appointed by PTCL and three by the Federal Government (Ministry of IT & T).

Address

Islamabad
Pak Telecom Employees Trust
Tele-House, Mauve Area, G-10/4,
Kashmir Highway,
Islamabad 44000, Pakistan.
Tel: +92-51-2355599
email: info@ptet.com.pk
Lahore
Director Pension PTET
PT & T Building,
Mauj-e-Darya Road,
Lahore 54000, Pakistan.
Tel: +92-42-37231686
email: dp1@ptet.com.pk