Zulfiqar Bukhari announces increase in EOBI pensions.

ISLAMABAD -- Special Assistant of Prime Minister on Overseas Pakistanis and Human Resource Development, Zulfiqar Bukhari, has announced an increase of Rs2000 in term of pensions for registered persons with Employees Old-Age Benefits Institution (EOBI), media reported on Thursday.

Zulfiqar Bukhari, while addressing an event, made the announcement for raising the pension money from Rs6500 to Rs8500 of EOBI pensioners.

The pensioners will get Rs8500 pension from next year, said Bukhari, adding that it would be hiked up to Rs15,000 after the completion of EOBI project next year.

The special assistant said that different cases are pending in courts regarding the 18 projects of EOBI. He detailed that the government is willing to use government buildings under the custody of different institutions.

Bukhari further said that EOBI is the biggest victim of corruption as the money belonging to the pensioners were used for generating 18 properties. The present government is working towards the betterment of the institution and the efforts of EOBI managing director and its staff is praiseworthy for bringing visible improvements so far, he added.

'We are utilising EOBI funds in an effective way and the institution is not acquiring a single penny from the government.'

Bukhari complained that EOBI project was delayed for 10 years...