Established with the aim "To Serve Humanity", Punjab Government Servants Benevolent Fund Board is providing services to Punjab government employees since 1960. The Punjab Benevolent Fund Board is a governmental organization supporting the serving and retired provincial government employees as well as widows/ children of deceased government servants across the province under the provisions of The Punjab Government Servants Benevolent Fund Ordinance, 1960.

The headquarter of the Benevolent Fund Board is located in Lahore, whereas District Benevolent Fund Boards have been constituted to provide easy access to the non-gazetted employees (BS-01 to BS-15) of Attached Departments in their own districts.

The fund is made up of compulsory contributions deducted from each government employee on monthly basis at source, at such rates as government may, from time to time, prescribe. Present rate of contribution is 3% of basic salary.