ISLAMABAD: A substantial relief package, including a 15% rise in pensions, has been announced by the Ministry of Overseas Pakistanis for registered employees under the Employees’ Old-Age Benefits Institution (EOBI).
According to the government, the marriage award for workers has been doubled, representing a 100% rise, while the death grant has been increased by 50%.
The government noted that these steps demonstrate Federal Minister Chaudhry Salik Hussain’s dedication to the welfare of the labor community.
Earlier, the federal cabinet had approved a 15 per cent hike in pensions for Employees’ Old-Age Benefits Institution (EOBI) pensioners, starting from January 1, 2025.
The government said that the increase is aimed at providing financial relief to retired senior citizens, relying on these pensions.
Addressing the cabinet meeting, Prime Minister Shehbaz Sharif said that the performance of ministries will be evaluated every two months. He said key performance indicators will be determined for this purpose.
Furthermore, the premier announced that the ministries demonstrating strong performance will be commended. “Those ministries with shortcomings will be promptly addressed through corrective or disciplinary measures.”
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