The federal cabinet, chaired by Prime Minister Shehbaz Sharif, has approved a 15% increase in pensions for beneficiaries of the Employees’ Old-Age Benefits Institution (EOBI).DawnThe Express TribuneAaj English TVProfit by Pakistan Today
Effective Dates & Rollout
The increase is retroactive to January 1, 2025, and applies to both minimum and formula-based pensions.DawnHUM Newshttps://www.dailyindependent.com.pk
Minimum pension has been raised from Rs 10,000 to Rs 11,500 per month.HUM Newshttps://www.dailyindependent.com.pk
EOBI has confirmed that payments, including arrears, will be disbursed starting September 1, 2025.The News International
Estimated outflow: Approximately Rs 10 billion per month will be issued in pensions.The News International
Institutional Reform & Broader Coverage
The PM has also directed the creation of a cabinet committee to propose institutional reforms within EOBI. This includes expanding benefits to informal-sector workers such as domestic workers, agricultural laborers, and other marginalized groups.
Summary Table
| Detail | Value / Info |
|---|---|
| Increase Rate | 15% (across the board) |
| Effective From | January 1, 2025 |
| Minimum Pension | Increased from Rs 10,000 to 11,500 |
| Arrears Disbursement | Starting September 1, 2025 |
| Monthly Expenditure | Approximately Rs 10 billion |
| Key Initiative | Committee to extend & reform EOBI |
This move provides meaningful relief to retirees and signals broader reform efforts to include previously excluded workers from social protection schemes.
