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EOBI‘s beneficiaries reach 5 million: DG

Islamabad: The Employees’ Old-Age Benefits Institution (EOBI) has disbursed amount of Rs 892 million during the month of January, 2012.

Javed Iqbal, Director General (Operations) said this while talking to the journalists here on Wednesday. He said that EOBI is a prime welfare organization for labour welfare in the country. It provides pensionary benefits to the workers employees of the private sectors, industrial, commercial establishments during their old age..

During the January 2012 , EOBI has registered 503 new employers, and approved 1981 new pension claims, which included 1095 old age, 36 invalidity, 687 survivors and 163 old age grants claims. There are 83162 employers and 4865298 insured persons have been registered since the inception of EOBI Scheme. .

He also informed the media that the EOBI has collected Rs 868 million contribution from the registered employers and employees during the same month.

EOBI has started disbursement of pension through Easypaisa .which is a fastest mobile banking service in the country.

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