Islamabad, April 29, 2025 – In a significant move to support retired workers across the country, the Employees Old Age Benefits Institution (EOBI) has announced an increase in minimum pensions, effective from January 1, 2025.
The minimum pension will rise from Rs10,000 to Rs11,500, benefiting thousands of pensioners nationwide. Moreover, all pensions above Rs10,000 will receive a 15% increase, ensuring broader financial relief for retirees.
This decision was made during a high-level briefing chaired by Federal Minister for Overseas Pakistanis Salik Hussain, where EOBI’s performance and future strategies were reviewed. The meeting revealed that the institution had earned Rs116 billion in income for the fiscal year 2024–25, reflecting a 40% increase in revenue compared to the previous year — a testament to improved efficiency and collection mechanisms.
Looking forward, the government and EOBI are planning to expand pension coverage to workplaces with fewer than 10 employees, a move aimed at increasing inclusivity in social protection. Additionally, sectors previously outside the EOBI net — including agriculture, domestic work, finance, and legal services — will be brought under its umbrella.
The formal announcement of the pension hike is expected to be made on Labor Day (May 1, 2025), underscoring the government’s commitment to worker welfare and marking the occasion with a meaningful policy shift.
Officials described the development as a milestone in strengthening Pakistan’s social safety net, especially for workers in low-income and informal sectors.
