Islamabad, August 31, 2025, 05:02 PM PKT — The federal cabinet has unveiled a critical relief measure, approving a 15% pension increase under the Employees’ Old-Age Benefits Institution (EOBI), delivering support to nearly half a million retired workers, as confirmed after Saturday’s meeting, per official reports. This latest hike builds on a 15% raise from July, set for January 1, 2025, with EOBI assuring the National Assembly’s Standing Committee on Overseas Pakistanis and Human Resource Development that pensions and arrears will flow from September 1, raising the minimum pension from Rs10,000 to Rs11,500.
Minister Chaudhry Salik Hussain announced the finalized decision, noting Rs10 billion in monthly payouts, with long-serving pensioners eligible for over Rs30,000, while a dedicated committee will expand coverage to informal sector workers, domestic staff, and eventually agricultural laborers. Officials aim to ease pensioner burdens and broaden EOBI’s reach. Web context on pension reforms shows past delays, while posts found on X reflect relief mixed with skepticism—some cheer support, others question sustainability. Critically, the narrative of “pension relief” may mask funding challenges—web data hints at financial strain, and X sentiment suggests distrust in long-term viability, pointing to potential risks.
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