GP Fund Interest Rate 2026–27 in Pakistan: Federal Notification and Punjab Status
Understand the latest Federal GP Fund markup rate, revised subscription deductions from August 2026 and the current status for Punjab Government employees.
By Khyrat Hussain · Updated 19 September 2026
Government employees searching for the GP Fund interest rate for 2026–27 should distinguish between the annual GP Fund markup rate and the monthly GP Fund subscription deducted from salary. These are separate figures issued for different purposes.
The Federal Government has officially notified a GP Fund markup rate of 12.05% for FY 2025–26. However, a separate markup rate for FY 2026–27 has not yet been notified. The notification dated 13 August 2026 concerns revised monthly GP Fund subscriptions under the new pay scales; its percentages of 3%, 5% and 8% are subscription rates, not annual markup rates.
1.Quick Answer
As of 8 September 2026, the latest officially notified Federal GP Fund markup rate is 12.05% for FY 2025–26. A separate Federal markup rate for FY 2026–27 has not yet been announced. The revised Federal GP Fund subscriptions notified on 13 August 2026 apply from the salary for August 2026, payable on 1 September 2026, until further orders.
Punjab has followed corresponding Federal GP Fund rates in previous periods, but the Punjab Government has not yet officially published or endorsed the latest rate. Punjab employees should therefore verify the applicable rate through the Punjab Finance Department, Accountant General Punjab or their District Accounts Office.
2.What Is the Latest Federal GP Fund Markup Rate?
The latest official Federal GP Fund markup rate is 12.05% for FY 2025–26. It was notified by the Government of Pakistan, Finance Division, on 12 August 2026.
The official notification calls it the “rate of markup on State Provident Fund” rather than an interest rate. Employees and online searchers commonly use “GP Fund interest rate” and “GPF profit rate” for the same concept.
The officially notified rates for the latest completed fiscal years are:
The 12.05% rate must not be described as the official FY 2026–27 markup rate. It belongs specifically to FY 2025–26.
3.Has the GP Fund Markup Rate for FY 2026–27 Been Announced?
No separate Federal GP Fund markup percentage for FY 2026–27 has been notified as of the date of this article.
The existence of a 2026–27 Federal budget or new GP Fund deductions does not mean that the annual markup rate for the same fiscal year has also been announced. These matters are covered through separate notifications.
This article will be updated when the Finance Division issues an official FY 2026–27 GP Fund markup notification.
4.What Was Announced on 13 August 2026?
The Finance Division notification dated 13 August 2026 revised the monthly GP Fund subscriptions for Federal Government employees following the introduction of the 2026 Basic Pay Scales.
The minimum subscription rates applied to the notified mean basic pay are:
- BS-1: 3%
- BS-2 to BS-11: 5%
- BS-12 to BS-22: 8%
These percentages determine the prescribed monthly subscription for each Basic Pay Scale. They are not the annual return or markup credited to an employee’s accumulated GP Fund balance.
The new deductions apply from the salary for August 2026 and are payable on 1 September 2026. This means the new subscription schedule is correctly used for August 2026 onward, not for reconstructing deductions from previous years. Employees can use the Pakistan Basic Pay Scale and Stage Calculator to check their basic pay, annual increment and stage under the applicable pay scale.
5.GP Fund Subscription and Markup Are Different
The distinction between subscription and markup is important when checking a salary slip or calculating an estimated GP Fund balance.
For example, the notified mean basic pay for BS-16 is Rs. 74,520. Applying the 8% subscription rate produces Rs. 5,961.60, prescribed as a monthly GP Fund subscription of Rs. 5,962.
This Rs. 5,962 is the monthly contribution deducted from salary. It must not be confused with the separate annual markup rate of 12.05% for FY 2025–26.
6.Selected Federal GP Fund Deductions for 2026
Some prescribed monthly subscription amounts are:
The complete BS-1 to BS-22 deduction chart is available in the Federal Government GP Fund Calculator.
7.Calculate Your Federal GP Fund Estimate
Employees can use the Federal Government GP Fund Calculator to select their BPS and load the prescribed monthly subscription.
Enter the closing balance from your latest official GP Fund statement as the opening balance. The calculator can then estimate contributions, markup and a projected closing balance for the selected period.
The calculator currently displays 12.05% as the latest official FY 2025–26 markup reference. It does not present that percentage as an officially notified FY 2026–27 rate. Users may edit the markup field when an applicable official rate is available.
The calculation is a planning estimate and not an official AGPR or departmental GP Fund statement. Federal employees planning for retirement can also use the Federal Pension Calculator to estimate their pension, commutation, gratuity and other available retirement figures based on the information entered.
8.Has Punjab Adopted the Latest Federal Markup Rate?
Punjab has issued separate provincial directions concerning GP Fund markup in previous periods. Based on that previous practice, Punjab may adopt the same 12.05% rate for FY 2025–26.
However, as of 8 September 2026, the Punjab Finance Department has not officially published or endorsed the latest rate on its website. Its adoption in Punjab should therefore be treated as expected but unconfirmed.
Punjab Government employees should not rely solely on the Federal notification as final provincial authorization. They should verify the applicable markup rate through:
- Finance Department, Government of Punjab
- Accountant General Punjab
- District Accounts Office
- Departmental accounts branch
- Official GP Fund statement
The article will be updated if Punjab issues a separate notification or endorsement. Punjab Government employees approaching retirement may separately use the Punjab Pension Calculator to estimate their pension and available retirement benefits. GP Fund markup should still be verified through the Punjab Finance Department, Accountant General Punjab or the relevant District Accounts Office.
9.Does the Federal Subscription Chart Apply to Punjab Employees?
The 13 August 2026 notification is a Federal Government subscription notification. Its BS-wise deduction amounts should not automatically be labelled as Punjab GP Fund deductions.
Punjab employees should compare their monthly deduction with their salary slip and wait for an official provincial notification or departmental direction before treating the Federal subscription chart as applicable to them.
9.1.How to Verify Your GP Fund Record
Before calculating an estimated balance, check:
- Your correct Basic Pay Scale.
- The GP Fund deduction shown on your latest salary slip.
- The closing balance on your latest official GP Fund statement.
- Any advances, withdrawals, refunds or missing deductions.
- The applicable markup rate for the relevant fiscal year.
- Any adjustment made by AGPR, Accountant General Punjab or the concerned accounts office.
Do not recalculate contributions from previous years using the August 2026 subscription schedule. Earlier periods should retain the subscription amounts applicable during those periods.
9.2.Official Sources
- Federal GP Fund markup notification—12.05% for FY 2025–26
- Federal GP Fund subscription notification dated 13 August 2026
- Federal GP Fund markup notification—12.46% for FY 2024–25
- Punjab Finance Department notifications
Government notifications and departmental records should prevail over online estimates. Verify important GP Fund figures through the relevant Finance Department, Accountant General or accounts office.
