Remuneration and Benefits:
In line with international practice, the remuneration of the IPFP Fellow is fixed between the salary of regular faculty members (Assistant Professors) and the stipend provided to graduate students.
a. Amount: For IPFP Phase-II, the remuneration is fixed at PKR 150,000 per month for the duration of the placement. In future years, it will be adjusted from time to time based on cost of living increases.
b. Additional Benefits: The program will facilitate the participation of incumbents in voluntary benefit schemes that would be transferable to regular academic positions, including a voluntary pension scheme (VPS) and a voluntary health insurance scheme.