APROPOS the letters ‘EOBI pension’ (Feb 6 and Feb 10) regarding the announcement of the increase in EOBI Pension not from Rs5,200 to Rs8,500 per month but from Rs6,500 to Rs8,500per month.
The EOBI hereby clarifies that the decision was announced on Dec 12, 2019 and the process of materialising the said decision has been actively pursued.
As per procedure, the matter about the increase in EOBI pension will be tabled before the EOBI Board of Trustees in its forthcoming meeting. Thereafter, their decision will be put up before the federal cabinet through the Ministry of Overseas Pakistanis and Human Resource Development for its approval and issuance of notification.
It is also clarified that regardless of the time span involved in the whole process, all EOBI pensioners will get their enhanced pension with arrears from Jan 2020.
Employees’ Old-Age Benefits Institution
Published in Dawn, February 13th, 2020