It was heartening to know that the govt has for once taken a sensible decision on improving governance. Paying lump sum pension or golden handshake is practiced with private organisations and NGOs and the employees fully appreciate it, as they can use the lump sum money as they wish or put it in a savings account and get the monthly returns which are same as monthly pension, but without queuing up at banks and post offices. The huge organisation for monthly pension management which is an avoidable burden on the exchequer will be done away with only having a small efficient organisation to look after the one time payment of pensions at the time of retirement. If the IMF has forced this on the govt we should thank it , as the beneficiary is Pakistan. HOPE THE GOVT DOES NOT TAKE A U-TURN ON THIS DUE TO POLITICAL PRESSURE.