ISLAMABAD: The pensioners registered with Employees Old Age Benefit Institution (EOBI) have demanded of the government to increase their pensionary amount considering the prevailing price hike situation in the country.
Talking to APP, President All Pakistan EOBI Pensioners, Mubarik Hussain Gulshad said more than 20,000 industrial workers, besides others, are registered with EOBI and receive pension from the institution of Rs. 5250 per month.
He said the government announces raise in pension for all its employees every year in the budget but unfortunately no one is paying heed to the financial problems of the old age EOBI pensioners who are receiving such meager amount as pension to run their households.
Mubarik Hussain Gulshad said "I am suffering from heart disease and high blood pressure and the amount spent on my treatment and medicines every month is more than my pension".
He said EOBI is an institution which gets large amount through deducting a specific amount from the salaries of registered employees however it is not paying the sufficient amount to the registered workers as pension.
Another pensioner, Ghulam Murtaza who has served in a factory for 30 years said, "the pensionary amount is not issued in time and some times we have to wait for the pensions for many days".
"In every country, the government gives benefits to the senior citizens but unfortunately in this country, it is difficult for the old age people to live a dignified life", he said.
EOBI Act 1976 was enforced with effect from April 01, 1976, to achieve the objective of Article 38 (C) of the Constitution, by providing for compulsory social insurance.
It extends the benefits of Old-Age Pension, Survivor's Pension, Invalidity Pension and Old-Age Grant to the insured persons or their survivors.
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