EOBI Pension Increase 2025: New Amount, Schedule and Full Details

EOBI Pension Increase 2025

A big piece of good news has come out for retired employees in Pakistan. The federal government has approved a 15 percent increase in pension under EOBI (Employees Old-Age Benefits Institution). After this decision, millions of pensioners will not only get more money but will also be paid their arrears from January.

Why Was The Increase Made?

The government has approved the increase in pension keeping in mind the rising inflation and pressure of daily expenses. EOBI has decided to meet this increase from its current income and investments so as not to put an additional burden on the national exchequer. The main objective of this decision is to provide financial assistance to pensioners and protect them from the effects of inflation to some extent.

What Changes Were Made In Pension In 2025?

• The minimum pension has been increased from Rs 10,000 to Rs 11,500.
• Pensioners whose amount is more than 10,000 have had their pension increased by 15%.
• This increase will be effective from January 1, 2025.
• The increased amount and payment of arrears will start from September 1, 2025.
• About five lakh pensioners will benefit from this increase.

Complete Payment Schedule

Important dates

• January 1, 2025: Effective start of 15% increase in pension.
• September 1, 2025: Payment of arrears with the new amount will start.

Payment Procedure

• EOBI pensioners will be paid the arrears of previous months along with the new amount from September 2025.
• The amount will be transferred through the bank or related institutions as per the usual monthly schedule.

Who Will Benefit?

• This increase is for all pensioners who were registered and eligible with EOBI as on January 1, 2025.
• Those whose pension was Rs 10,000 or less will now get Rs 11,500 per month.
• Those whose pension was more than Rs 10,000 will get a 15% increase.

Exempted persons

• Persons who are not registered with EOBI will not get the benefit.
• Pensioners whose papers are incomplete or verification is underway may face delay in their payment.
• Cases on which there is a legal dispute may have their money withheld.

Financial Capacity And Sustainability Of EOBI

EOBI did not indicate the need for any additional budget for this increase. The institution’s recent income has increased by about 40%, which makes this decision financially viable. The increase will be paid from EOBI’s own sources of income, including contributions and investment income, without burdening the government budget.

Economic Impact Of The Increase

The increase in EOBI pension will not only improve the financial condition of retirees but will also have a positive impact on the economy.

Most pensioners spend a large portion of their income immediately, which increases the circulation of money in the market.

This move will also increase confidence in the government’s social security system and pave the way for further reforms in the future.

Challenges And Potential Risks

• While the increase is welcome, there are some administrative challenges.
• Updating the data of all pensioners is a major process.
• Payments may take time due to bank transfers or verification delays.
• If EOBI income decreases, it may be difficult to maintain the increase in the future.

Future Prospects

The EOBI administration is planning to include informal sector workers such as domestic workers and agricultural workers in the system in the coming years. This will bring millions of new people under the social security net.

Conclusion

The 15% increase in EOBI pension in 2025 is a positive and promising step for the senior citizens of Pakistan. This will not only make the lives of pensioners easier but will also have a positive impact on the country’s economy. This decision by EOBI shows that the government is committed to providing relief to the people despite rising inflation. All pensioners should keep their documents complete so that they can receive the money on time and take full advantage of this facility.