Govt increases EOBI pensions by 15pc

Published
0

ISLAMABAD: Federal Minister for Overseas Pakistanis & Human Resource Development, Chaudhry Salik Hussain, has announced that around 500,000 pensioners of the Employees’ Old-Age Benefits Institution (EOBI) will receive their enhanced pensions along with arrears on 1st September 2025.

In this regard, EOBI will disburse approximately Rs10 billion under the monthly pension payroll, says a press release.

The federal cabinet has approved an increase in EOBI pensions by raising the minimum pension from Rs10,000 to Rs11,500 per month, along with a 15 per cent increase in formula-based pensions, effective from 1st January 2025.

As a result, pensioners who have served for longer periods may now receive over Rs30,000 per month in pensions.

The minister further highlighted that the coverage of EOBI will be broadened. For this purpose, the federal cabinet has constituted a committee to prepare and submit a proposal for the inclusion of informal, domestic, and agricultural sector workers under EOBI’s pensionary benefits.

The minister affirmed that the welfare and social protection of the working class remains a top priority, in line with Article 38(c) of the Constitution of Pakistan.

Published in Dawn, August 31st, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Beneath the surface
Updated 09 Oct, 2026

Beneath the surface

The recent round made fewer headlines because the hard bargaining over the budget had already been done.
Moscow disagreement
09 Oct, 2026

Moscow disagreement

THE fact that a consensus on how to deal with terrorism originating in Taliban-ruled Afghanistan eludes regional...
Vanished girls
09 Oct, 2026

Vanished girls

THE scourge of female disappearances in Pakistan should be a matter of shame. Institutional reforms and ...
Conundrum
Updated 08 Oct, 2026

Conundrum

The two sides came close to a breakthrough in the last round. It is hoped that they can cross the finish line on their second attempt.
Gaza’s torment
08 Oct, 2026

Gaza’s torment

THREE years since the Oct 7 Hamas attacks on Israel, the people of Gaza continue to face a nightmarish existence....
The healthy-food gap
08 Oct, 2026

The healthy-food gap

PAKISTAN’S nutrition problem is usually blamed on poverty, poor eating habits or lack of awareness. But according...