How To Claim Your Pension With EOBI

How To Claim Your Pension With EOBI: The Old-Age Benefits Institution (EOBI) for Workers is the government body functioning under the Ministry of Overseas Pakistanis and Human Resource Development. EOBI was formed in 1976 to provide registered employees with a pension, old-age benefits, and social insurance. In the time of insurable work, the registered employee and the registered person's employer must contribute some percentage of the salary to EOBI. Employers must pay 5 per cent of the government's minimum wages. The covered employee, on the other hand, must pay 1 per cent of the minimum wages. The following benefits provided below may be used by the insured persons under the EOBI scheme.

Benefits Provided by EOBI

Old-Age Pension Survivor's Pension (If an insured person has expired) Invalidity Pension (In case of permanent disability) Old-Age grants (If an insured person has exceeded the superannuation age) The Government of Pakistan also provides EOBI with the funds. It also invests in profitable ventures to generate revenue that is used to provide the insured individuals with pensions. An insured person's minimum pension is 6500 Rs. Nevertheless, last year Zulfiqar Bukhari, Special Assistant to PM for Overseas Pakistanis and Human Resource Development, announced that minimum pensions paid by EOBI will be raised from 6500 Rs to 8500 Rs.
Note: A person's average pension is determined by using the formula below

(Average Minimum Monthly Wages X No. of years of Insurable Employment) / 50
EOBI announced last month the digitisation of all pensioner records. Any insured person enrolled in the EOBI database can now search all of the details on their website. To check the details, the insured person simply has to use the link: http:/ Registered people can also demand the insurance through the electronic EOBI website.

You've come to the right place if you want to know how that can be done. In this post, you will read about the process of claiming a pension, as well as the paperwork to be submitted with the form of claiming the pension.

How To Claim EOBI Pension

  • After that, you have to type in the EOBI No. and CNIC number in the given fields.
  • A report will be generated.
Check all the information and forward the necessary documentation to the nearest regional office of the EOBI.
Before that, EOBI will do the paperwork analysis and give you the claim form.
In the form fill in all the necessary information and send them to the regional office.

They will begin the procedure of obtaining your pension. You will be issued a pensioner card within 30 days after the procedure is finished.

If you have accepted the EOBI payments, your pension will be sent to you through a bank of your choosing.

Required Documents For Claiming Pension

EOBI identification card Approved photocopy of CNIC (pension beneficiary and his or her spouse) Two latest verified photos of the insured person Last year employer's pay stamp. You can also request a payment receipt from last month.

Evidence from the contractor that the registered employee has never previously submitted the pension claim form.

In the case of deceased covered persons, their spouse can qualify for the pension. Their partner will present a death certificate issued by NADRA, Family Registration Certificate (FRC) and Nikkah Nama.

We also attached the picture for those who prefer Urdu, containing all the details regarding this method in Urdu.

There are other terms and conditions that must be met for receiving a pension. After 12 months the registered party is expected to request the claim form. When they will not apply the form they are not going to collect their pension. If the pensioner is not in the region, his pension will be deferred until the time of return.
If you think this How-To will include something else, let us know in the section.

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