The Employees’ Old-Age Benefits Institution (EOBI) recently announced an increase in the monthly pension for retired workers, marking a positive step towards improving the welfare of senior citizens in Pakistan. This increase aims to address rising inflation and the growing financial needs of pensioners who have dedicated their lives to the workforce.
The EOBI pension
which had long remained stagnant, has now been raised from Rs. 8,500 to Rs. 10,000 per month. While this increase is appreciated, many experts and pensioners argue that it is still insufficient considering the cost of living, particularly in urban areas.
The government has expressed its commitment to further reforms in the EOBI system, including digitization, improved contribution collection, and better pension delivery. Stakeholders hope that future adjustments will be more frequent and aligned with economic realities, ensuring that retired workers live their post-retirement years with dignity.
EOBI
EOBI Pension Raised – A Lifeline for Retired Workers
Good news for Pakistan’s retired workforce! The Employees’ Old-Age Benefits Institution (EOBI) has officially increased the minimum monthly pension from Rs. 8,500 to Rs. 10,000. For thousands of pensioners struggling with rising prices and basic expenses, this raise brings a much-needed sense of relief.
While the increase is modest, it’s a welcome step in the right direction. Many pensioners rely solely on this income to meet daily needs, including food, medicine, and utilities. With inflation hitting households hard, every rupee matters — and this boost could make a real difference in the lives of retirees.
EOBI
However, many are calling for more. “It’s a start, but not enough,” say pensioners who believe that the amount should be adjusted more regularly and reflect the true cost of living. Social welfare experts agree and are urging the government to introduce a long-term policy to strengthen the EOBI system.
On the brighter side, the government has hinted at ongoing reforms — including better contribution tracking and faster pension disbursements through digital means. If carried out efficiently, these changes could modernize the system and make retirement more secure for millions.
The pension raise may not solve every problem, but it sends a clear message: our workers are not forgotten.
EOBI Pension Increase – A Ray of Hope for Retired Workers
In a country where retired workers often fade into the background, the recent announcement by the Employees’ Old-Age Benefits Institution (EOBI) has brought a spark of hope. The minimum monthly pension has been increased from Rs. 8,500 to Rs. 10,000 — a step long awaited by thousands of elderly citizens who dedicated decades of their lives to building the nation’s workforce.
For many pensioners, this modest increase is more than just numbers — it’s a lifeline. With the rising cost of essential items, from groceries to medicines, surviving on a fixed income has become increasingly difficult. This Rs. 1,500 boost, while still not enough to fully ease the burden, offers a small cushion in challenging times.
“I gave 30 years to the textile industry,” says one pensioner in Karachi. “This pension is all I have. Even a small raise helps me breathe a little easier.”
But the raise also highlights deeper concerns about the sustainability and fairness of the system. Critics argue that the pension still falls far below a livable income and does not match the inflation rate. Many believe that pensions should be reviewed annually and automatically adjusted to match economic changes — just like salaries and wages often are.
On a brighter note, the government has promised reforms, including better fund management, increased employer compliance, and the digitization of pension disbursement. These steps, if properly implemented, could improve the system’s reach, transparency, and efficiency.
The EOBI pension increase may not be a perfect solution, but it’s a signal that the voices of retired workers are finally being heard. With further reforms and sustained attention, Pakistan can move closer to a future where its elderly live with the dignity and security they deserve.
