The federal cabinet has approved a 15% hike in Employees’ Old-Age Benefits Institution (EOBI) pensions, benefiting thousands of retired workers across Pakistan. With this increase, the minimum pension will rise from Rs. 10,000 to Rs. 11,500 per month. This decision aims to support pensioners amid inflation and rising living costs. The enhancement was proposed during a cabinet meeting and is part of broader efforts to strengthen social protection for senior citizens. Implementation will begin from the next monthly disbursement cycle.
The federal cabinet has approved a 15% increase in EOBI pensions, raising the minimum amount to Rs. 11,500 per month. This move is designed to offer financial relief to pensioners struggling with inflation. The revised pension will be effective from the next payment cycle.
EOBI pensions, federal cabinet decision, social welfare
