EOBI pensioners.

Byline: Syed Iqbal Hussain - Karachi

THE pensioners of the Employees Old-Age Benefits Institution (EOBI) who have retired at the age of 55 or less than 60 years as per the ruling of the EOBI Act 1976 receive a reduced pension. In most cases this amount is 70 per cent of the pension given under EOBI rules to those who retire on attaining superannuation.

Therefore, if the EOBI pension is Rs8,500 per month, the reduced pension for the early retirees is further reduced and they receive only Rs5,950 per month.

There is a rule for pensioners of the federal and provincial governments that those have their pension commuted have their full...