EOBI Archives - Page 2 of 2

EOBI pension increases to Rs8,500; pensioners to get arrears

July 2, 2020July 2, 2020Faisal Shahnawaz

ISLAMABAD: The federal cabinet has approved increase in pension of Employees Old-Age Benefits Institution (EOBI) to Rs8,500 from Rs6,500. According to a tweet by EOBI on Wednesday, the federal cabinet approved an increase in EOBI pensions from Rs 6500 to Rs8500 effective from January 01, 2020. EOBI will restore the increase in pension + arrears […]

EOBI pension increased by 30 percent from January 01

December 12, 2019March 15, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: The government has decided to increase pension amount by 30 percent from January 01, 2019, special assistant to prime minister said on Thursday. “New year is heralding big news for the pensioners of Employees’ Old-Age Benefits Institution (EOBI) as the government has decided to raise their annuity by 30 per cent from January 1,2020,” […]

EOBI pension to increase Rs15,000 per month

November 10, 2019December 22, 2021Mrs. Anjum Shahnawaz3 Comments

KARACHI: The government is aiming to increase the pension amount to Rs15,000 per month from existing Rs6,500 in order to provide relief to elder pensioners and their survivors, a statement said on Sunday. Addressing at the first ever Annual Pension Day organized by Employees Old-Age Benefits Institution (EOBI) has organized, Syed Zulfiqar Abbas Bukhari, Special […]

EOBI disburses Rs35 billion to pensioners in current fiscal year

May 1, 2019April 2, 2021Faisal Shahnawaz

KARACHI: Employees Old-Age Benefits Institution (EOBI) has disbursed Rs35 billion to pensioners during the current fiscal year. “The disbursement will increase to Rs46 billion during the next fiscal year,” Azhar Hameed, Chairman, EOBI, said on Monday while addressing members of Korangi Association of Trade and Industry (KATI). President KATI Danish Khan, Senior Vice President Faraz-ur-Rehman, […]

Rise in rate by 20pc benefits 388,684 pensioners

March 5, 2019December 15, 2021Faisal Shahnawaz

KARACHI: The recent increase of 20 percent is benefiting about 388,684 pensioners of Employees Old-Age Benefit Institution (EOBI), said a statement on Monday. The present government has honored its commitment of EOBI pension. Therefore, EOB Pension rate is now increased by 20 percent effective from September, 2018. The total increase of Rs5 billion is shared […]

Cabinet approves 20pc increase for EOBI pensioners

January 26, 2019November 13, 2023Mrs. Anjum Shahnawaz

In a significant move, the federal cabinet has approved a landmark 20% increase in pensions for over 450,000 pensioners of the Employees Old-Age Benefits Institution (EOBI).

Tag: EOBI