The amount of the Employees' Old-Age Benefits Institution pension will increase by 17%, according to Jawad Sohrab Malik, Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development.
The SAPM made the announcement on X, formerly known as Twitter.
With effect from July 2023, the amount has been raised from 8,500 to 10,000 rupees.
The large increase in pension benefits, according to the SAPM, has been anxiously anticipated by hundreds of thousands of people who depend on their EOBI pensions for their means of subsistence.
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