What is EOBI Pension Duration?

The Employees' Old-Age Benefits Institution (EOBI) plays a crucial role in Pakistan's social security system by providing financial support to retired workers. One of the most important aspects of EOBI is the pension, and the duration of its payout is a key concern for many individuals.

What is EOBI Pension Duration?
What is EOBI Pension Duration?


This guide aims to answer all your questions related to EOBI pension duration, covering eligibility, types of pensions, and commonly asked FAQs. 



Eligibility and Duration for Different Types of EOBI Pensions:

Old-Age Pension: This is the most common type of EOBI pension, available to individuals who reach the retirement age of 60 for men and 55 for women (55 for miners with at least 10 years in the profession). The duration of the pension is lifelong, meaning the recipient continues receiving the monthly payments until their passing. 



Survivor's Pension: In case of a pensioner's death, their spouse or children are entitled to receive a survivor's pension. The duration for the spouse is also lifelong, while children receive the pension until they reach the age of 22 (25 for disabled children). If the deceased pensioner is not survived by a spouse or children, their parents can receive the pension for 5 years. 



Invalidity Pension: Individuals who are permanently or partially disabled due to work-related accidents or illnesses can claim an invalidity pension. The duration of the pension depends on the degree of disability, ranging from a minimum of 5 years to lifelong for complete disability. 



Factors Affecting Pension Duration:

While the basic eligibility and durations mentioned above provide a general framework, certain factors can influence the actual pension duration:



Contribution Period: The longer the individual has contributed to EOBI, the higher the pension amount and potentially longer the duration.


Disability Rating: For invalidity pensions, the severity of the disability directly impacts the duration.



Changes in Legislation: EOBI policies and regulations may undergo changes, potentially affecting future pension durations. 



Frequently Asked Questions:

How long does it take to start receiving the pension after retirement?

The processing time for pension claims can vary depending on the complexity of the case. Typically, it takes 3-6 months to start receiving the pension after reaching retirement age or submitting a valid claim.



What happens to the pension if the recipient moves abroad?

EOBI pensions can be transferred abroad through specific channels and procedures. Contacting EOBI for detailed information is recommended.



Can I claim multiple EOBI pensions?

No, an individual can only claim one type of EOBI pension at a time.

Where can I find more information about EOBI pensions? You can visit the official EOBI website (http://www.eobi.gov.pk/) or contact their helpline for assistance. 

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