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Federal Government has Allowed to Increase in EOBI Minimum Pension from Rs. 6500/= to Rs. 8500/= With Effective from 1.1.2020 Details:...........

EOBI Pensioners Will Get 10% Discount on Utility Stores Details:..........

Bank Alfalah Branches to Remain Opened on Saturday Details:..........

Re-Constitution of Procurement Redressal Committee Details:..........

Protection Against Harassment of Women at Workplace Act 2010 Details:..........

Good News for EOBI Pensioners, Disbursement of Pension via ATM From Bank Alfalah for Details:..........

Revision of Contribution Rates in the Scenario of Increase in Minimum Wages of Workers:

As Per Directives of Chairman, EOBI Offiers will Available for Receiving Public Complaints & Meeting Complainants on Every Monday From 11.00 AM to 1.00 PM in their Respective Regions:..........

Tax Exemption for Employees Old-Age Benefits Institution :..........

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Introduction:

EOB Act 1976 was enforced with effect from April 01, 1976, to achieve the objective of Article 38 (C) of the Constitution, by providing for compulsory social insurance. It extends Old-Age Benefits to insured persons or their survivors


Benefits:


Under EOB Scheme, Insured Persons are entitled to avail benefit like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor's Pension (in case an Insured Person is expired)

Pension Rates:

Contributions:

EOBI does not receive any financial assistance from the Government for carrying out its Operations. A contribution equal to 5% of minimum  wages has to be paid by the Employers of all the Industrial and Commercial Organizations where EOB act is applicable. Contribution equal to 1% of minimum wages by the employees of said Organizations.
 
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HEAD OFFICE:EOBI House, 190/B/1, Block-2 PECHS Karachi
Free Helpline 08000 EOBI (3624), (Office hours during 9.00 AM to 5.00 PM Monday to Friday)
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