17pc increase in EOBI pension announced

increase will be effective from July 2023, says PM's aide.

ISLAMABAD: Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development Jawad Sohrab Malik has announced an increase in Employees’ Old-Age Benefits institution pension amount by 17 percent. 

The SAPM announced the development on X, formerly twitter. The amount has been increased from Rs8,500 to Rs10,000 rupees effective from July 2023.

The SAPM said the substantial increase in pension benefits has been eagerly awaited by hundreds of thousands of individuals who rely on their EOBI pensions for their livelihoods.

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