In a significant development for former Pakistan Steel Mills workers, a parliamentary sub-committee has issued a stern directive to immediately address the financial hardships faced by retired employees. The committee has mandated that all outstanding liabilities owed to PSM retirees must be cleared on a priority basis.
Urgent Financial Relief for Retirees
The parliamentary body, demonstrating serious concern over the delayed payments, has emphasized that retired employees should not have to wait any longer for their rightful dues. Many former PSM workers have been struggling financially due to the prolonged non-payment of their retirement benefits and other outstanding amounts.
Committee's Firm Stance
During the committee proceedings, members expressed strong dissatisfaction with the current situation and the bureaucratic delays that have left retired employees in financial distress. The sub-committee made it clear that clearing these liabilities should be treated as an urgent matter requiring immediate attention from PSM administration.
Background of the Issue
Pakistan Steel Mills, once a cornerstone of Pakistan's industrial sector, has faced numerous financial challenges in recent years. The accumulation of unpaid dues to retired employees has become a pressing humanitarian issue that the parliamentary committee now seeks to resolve through this decisive action.
The committee's intervention represents a crucial step toward providing financial security to those who dedicated their careers to serving one of Pakistan's most important industrial enterprises. This move is expected to bring much-needed relief to hundreds of retired workers and their families who have been awaiting their legitimate financial claims.