In a sigh of aid for retired workers, the federal authorities accepted a 15% enhance in pensions beneath the Workers’ Outdated-Age Advantages Establishment (EOBI) on Saturday.
Speaking to journalists, following the cupboard assembly, Minister for Abroad Pakistanis and Human Useful resource Growth Chaudhry Salik Hussain mentioned: “EOBI pensions have been elevated.”
He mentioned that the EOBI pensioners can be paid, together with arrears, from September 1, the minister added. Hussain mentioned that the EOBI would launch Rs10 billion in month-to-month pension.
“Pensioners with lengthy service will now be capable to obtain a pension of greater than Rs30,000 per thirty days,” the minister added.
He maintained {that a} committee had been fashioned to incorporate the casual sector and home staff within the EOBI. The committee would additionally work in direction of together with agricultural labourers within the EOBI system, Hussain added.
The contemporary enhance in pension is along with the 15% increase accepted by the cupboard final month.
In July, the cupboard accepted a 15% hike in pensions beneath the EOBI, which was to take impact from January 1, 2025.
Earlier this week, the EOBI assured the Nationwide Meeting’s Standing Committee on Abroad Pakistanis and Human Useful resource Growth that the pensions can be launched, with the minimal pension raised from Rs10,000 to Rs11,500 with impact from January 1, 2025 to be disbursed together with all arrears on September 1, 2025.
