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| January 17, 2007 | Wednesday | Zilhaj 26, 1427 |
PCB approves pension plan for ex-Test players
ISLAMABAD, Jan 16: The ad hoc committee of the Pakistan Cricket Board (PCB) on Tuesday approved a scheme for monthly retirement-pension emoluments for the players who represented the country before 1978.
The pre-1978 Test and international cricketers will now be entitled to monthly income of Rs15,000, Rs20,000 or Rs25,000, depending upon the number of matches they played.
The ad hoc committee accorded its approval to this scheme to be applied to the pre-1978 era because cricket competitions introduced by late Australian tycoon ‘Kerry Packer’ had drastically increased the income of players from that period onward.
The PCB Chairman Dr Nasim Ashraf presided over the ad hoc committee meeting with members Dr Moin Afzal, Ali Raza, Imtiaz Ahmed also attended the session here.
Dr Nasim said CBR would be approached for exemption of these incomes from tax etc.
About other decisions at the ad hoc committee meeting, he said an Argentine company had been given the rights to install electronic video screens at five grounds around the country.
“These screens will be put up first at Karachi, Lahore and Multan and then Peshawar and Faisalabad also,” he said.
The meeting also approved proposals for efficient running of PCB on lines of a business concern and a competent CEO would soon be selected, probably within three months, to accomplish this task.
The PCB chief further said the Attorney General had promised to accelerate the vetting process of PCB draft constitution which may come into force by the end of this month.
He said the regional associations would have unprecedented powers of financial scrutiny in new PCB constitution.
He dismissed as premature a question whether the PCB chairman ‘will be selected or elected’ in the new board constitution.—APP
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