Cabinet approves increase in EOBI pensions for elderly across Pakistan.

ISLAMABAD -- The federal government on Wednesday approved an increase in the Employees Old-Age Benefits Institution (EOBI) pensions for the elderly across Pakistan.

The approval came during a Cabinet meeting chaired by Prime Minister Imran Khan. The premier had announced back on December 12, 2019, to increase the minimum pension from Rs 6,500 to Rs 8,500.

The EOBI Board had on February 21, 2020, approved the upward revision of Rs 2,000 in the pensions and it was to take effect from January 1, 2020.

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