Government announces 20% increase in EOBI pensions
Sanaullah Khan Published January 31, 2019
The federal government on Wednesday issued a notification announcing a 20 per cent increase in the pension rate for Employees Old-Age Benefits Institution (EOBI) pensioners.
The government has also set the minimum amount of pension at Rs6,500 per month, according to the notification issued by the Ministry of Overseas Pakistanis and Human Resource Development.
The changes will go into effect retrospectively, starting on September 1, 2018.
The federal cabinet had accorded approval to a 20pc increase in the EOBI pensions last week.
According to the notification, the decision was taken in exercise of powers conferred on the government by the Employees Old-Age Benefits Act, 1976.
Comments (12) Closed
Gordon D. Walker
Jan 31, 2019 12:32am
Wonderful news! Khan and company have large hearts. Go, Khan go! Blessings to the elderly and a lot of love... Gordon D. Walker Canada
Jan 31, 2019 01:56am
But make sure, in betweens dont take huge cuts from every pay out which was happening in PPP and PML-N time.
Jan 31, 2019 02:14am
Now here is a government that believes in delivering rather than making tall claims
Gordon D. Walker
Jan 31, 2019 03:13am
Poverty in old age is a curse not to be wished on any man! Kudos to the government on this initiative... Gordon D. Walker Canada
Dr Amir Khan
Jan 31, 2019 04:29am
Tips, not pension.
Mumtaz Ahmed Shah
Jan 31, 2019 07:46am
Govt.of Pakistan decision to enhance EOBI's pension is highly appreciated .Overseas minister 's efforts is highly appreciated .(Texas)
Feb 01, 2019 11:40am
Thank you Imran Khan and PTI for this increase in Pension after a Long time.
Feb 01, 2019 12:19pm
Thank you Honorable Prime Minister of Pakistan & PTI for this announcement.
Feb 01, 2019 12:22pm
We the pensioners Thank Honourable Prime Minister of Pakistan & PTI for this announcement.
Feb 01, 2019 04:32pm
May I ask when will it be increased , still ppl did not get a penny increment ....
Feb 01, 2019 08:49pm
Still same pension ...
Feb 01, 2019 08:53pm
@Anjum, have you taken new increased pension ! We are hearing this news from September and still not inrease