Government Approves Increase in EOBI Pensions, Marriage and Death Grants
In a move aimed at enhancing social protection for workers and their families, the government has approved significant increases in EOBI pensions, marriage grants, and death grants. These measures are part of ongoing efforts to improve the financial well-being of Pakistan’s labor force.
EOBI Pension Increased by 15%
The Employees’ Old-Age Benefits Institution (EOBI) pension has been raised by 15%, offering greater monthly financial support to retired workers. This increase is expected to help pensioners better manage essential expenses amid rising costs of living.
Higher Marriage Grants to Ease Family Burdens
To support working families, the marriage grant for registered workers has also been increased. This assistance will help families cover the often burdensome costs associated with weddings, especially for those with limited incomes.
Enhanced Death Grant for Bereaved Families
In addition, the death grant has been enhanced to provide immediate financial relief to families who lose a working member. This fund is designed to help surviving dependents manage urgent expenses during difficult times.
Strengthening Worker Welfare
According to Mustafa Malik, Central Information Secretary of PML-Q and Focal Person for the Ministry of Overseas Pakistanis, these initiatives reflect the government’s commitment to strengthening social safety nets. He emphasized that concrete measures are being taken to boost financial security for the working class.
🟢 Did You Know? The EOBI pension increase comes as part of a broader agenda to protect low-income families and ensure a more secure future for Pakistan’s workforce.
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