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ISLAMABAD: The federal government has approved an increase of Rs 2,000 in the Employees Old-Age Benefits Institution (EOBI) pensions for the elderly across Pakistan on Wednesday.
The approval came during a cabinet meeting chaired by Prime Minister Imran Khan in Islamabad today.
PM Khan had announced back on December 12, 2019, to increase the minimum pension from Rs 6,500 to Rs 8,500.
ہماری حکومت نے1 سال میں EOBI کے بوڑھے پنشنرزکوملنےوالی رقم 62% اضافے کیساتھ 5250 سےبڑھاکر8500 روپےکردی ہےجس سے پنشنرزکو ریٹائرمنٹ کےبعد کے ایام میں مالی تحفظ فراہم کرنےمیں مدد ملےگی۔ اس سرمائے کاکثیرحصہ خود ادارے کی اصلاح سےحاصل ہورہاہے۔ ریاست مدینہ کی جانب یہ ایک اور اہم قدم ہے۔
— Imran Khan (@ImranKhanPTI) December 12, 2019
The EOBI Board had on February 21, 2020, approved the upward revision of Rs 2,000 in the pensions and it was to take effect from January 1, 2020. However, the Cabinet had deferred the increase in pensions on April 14, 2020.
While announcing the increment in the pension back in December, SAPM Zulfi Bukhari had vowed to raise the EOBI pensions to Rs15,000 by the end of the PTI government’s first term.
EOBI Pensions amount increased from PKR 6500 to PKR 8500, to be taken to PKR 15,000 during ministry’s tenure
The raise was announced by SAPM @sayedzbukhari while inaugurating EOBI Commercial complex. #EOBI#zulfibukhari pic.twitter.com/lACanuMRB3
— Ministry of Overseas Pakistanis & HRD (@mophrd) December 12, 2019