EOBI Pension Increase 2025 for Pakistani Workers

EOBI pension increase 2025 announcement with updated pension rates for senior citizens in Pakistan

Pakistan’s pensioners are celebrating! The Employees Old Age Benefits Institution (EOBI) has a significant increase in pensions. Starting January 1, 2025, pensions will rise across the country. This change will help millions of retired workers. 

What’s New in the Pension Plan?

  • Higher Minimum Pension: The minimum pension will jump from Rs10,000 to Rs11,500 per month.
  • 15% Boost: Pensions above Rs10,000 will get a 15% pension hike 2025.
  • More Workers Covered: EOBI will now include businesses with fewer than 10 employees.
  • New Sectors Added: Agriculture, domestic work, finance, and legal sectors will gain EOBI benefits.

These updates will reduce financial worries for retirees. They show Pakistan’s commitment to social welfare. For government employees, accessing monthly salary slips is now easier than ever. Learn how to download your payslip at thepifra.pk/salary-slip.

Why the EOBI Monthly Pension Increase?

EOBI held a meeting on Monday, led by Federal Minister Salik Hussain. They reviewed the 2024-25 performance. EOBI’s revenue grew by 40%, reaching Rs116 billion. This additional funding will increase the pension hike in 2025 and expand coverage. 

When Will It Start?

The EOBI Monthly Pension Increase begins on January 1, 2025. EOBI will announce it formally on Labor Day, May 1, 2025. This date honors Pakistan’s workers.

Who Benefits?

This plan benefits retired workers, particularly those with low pensions. By expanding coverage to more sectors, EOBI enhance social welfare. Small business workers, farmers, and domestic helpers will get the benefits.

What’s Next for EOBI?

EOBI is focused on continued growth. They aim to extend pension benefits to more Pakistanis. The government is working to strengthen social welfare, with the upcoming pension increase in 2025 being a significant development.

For more details check official government portals or trusted platforms like thepifra.pk. These sites guide pensioners and offer tools for government employees, such as viewing online salary slips, checking DDO BER, tracking bill status, verifying AGPR advance records, accessing vendor details, and exploring position codes. They ensure transparency and make financial info accessible for employees and retirees.

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