The ad-hoc committee of the Pakistan Cricket Board (PCB) which met in Bhurban on Sunday also hinted at giving central contracts to only those players who were available for both Tests and one-dayers, The News reported.
The move could effectively put paid to Inzamam-ul Haq's hopes of prolonging his career in the longer version of the game as he had announced his retirement from the ODIs after the World Cup.
According to the new pay formula, each player would receive the same match fee but there would be three slabs in the monthly retainers.
The three categories would be decided on the basis of performance, seniority, fitness and discipline.
According to the formula, a player's performance in the last 12 months would carry 40 points while 20 points each would be decided on the basis of his seniority, fitness and disciplinary record.
Category A players would get an annual salary of Rs 30 lakh, Category B players will get Rs 24 lakh while Category C players will get Rs 18 lakh.
The board has asked the national selectors to prepare a list of 30 players by next week for the central contracts out of which 20 would get the contracts.
The new contracts will come into effect from July 1.
Butt named as deputy to Malik: World Cup discard Salman Butt, who played a crucial role in the Pakistan's 2-1 win over Sri Lanka in the Abu Dhabi series, has been appointed as the new vice-captain of the team.
An ad-hoc committee of the Pakistan Cricket Board (PCB) on Sunday decided to replace Mohd Asif with the 22-year-old opener for the next three assignments after reviewing the team's performance in the three-match ODI series against the Lankans.
The decision marks a turning of the fortune's wheel in the left-hander's favour who wasn't considered good enough to be seleced in the World Cup squad for the Caribbean.
The Lahore batsman has played 14 Tests and scored 777 runs at an average of 29.88 with the help of two centuries. He has also scored 1072 runs from 36 one-dayers at 30.62 with three tons.