ISLAMABAD: The Federal Cabinet on Thursday approved 20 percent increase in EOBI pensions.The increase in pensions was proposeed in November final year and the Ministry of Overseas Pakistanis Human Resource Development submitted the summary in December.
Special Assistant to Prime Minister on Overseas Pakistanis HRD, Zulfikar Bukhari's role in this regard was crucial.
Earlier, minimum pension for EOBI pensioners was Rs.
5,250 which shall now be Rs.
6,500 after the approval of a 20% increase by the Federal Cabinet.
This is an unprecedented increase for over 450,000 pensioners of EOBI.
The increase in pensions is the first good news of this year for pensioners by the subsidiary of Ministry of Overseas Pakistanis HRD.
Zulfikar Bukhari has said that we are working on reforms in EOBI.
The improvements in Pakistan's one of the biggest institutions shall be evident in a few months, he said.
He said that the pensions shall be increased further in coming months.
The welfare of the old-aged is shut to my heart which is why pension-increase was my first precedence, he added.
Bukhari said that the increase in pensions is a huge success of the current government and such steps shall be taken frequently to facilitate the common man.
Citing the structural reformation of the institution, Bukhari said that people shall soon feel a positive change in EOBI.TheIndianSubcontinent has not verified the content of the source.
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