Business & Finance
EOBI to establish Biometric Payment Pensions System in Country
Pension for the elderly under Ehsaas Program that were already enrolled in the Employees Old Age Benefit Institute
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- Pension for the elderly under Ehsaas Program that were already enrolled in the Employees Old Age Benefit Institute (EOBI) of Government has been increased from Rs 5,250 to Rs 6,500
ISLAMABAD: Employees Old Age Benefit Institute (EOBI) would establish ‘Biometric Payment Pensions System’ in the country with an aim to facilitate elderly poor in the society under Ehsaas Program.
According to details, pension for the elderly under Ehsaas Program that were already enrolled in the Employees Old Age Benefit Institute (EOBI) of Government has been increased from Rs 5,250 to Rs 6,500, an official of Benazir Income Support Program (BISP) told APP on Friday.
He said for ensuring transparency in pension transfer, the EOBI was establishing a biometric payment pensions system in the country.
The Ministry of Human Rights has also drafted a bill to accrue certain benefits to the elderly,he added.
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