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Home / 2012 / June / 05 / EOBI Announced to Distribute Pension through Easypaisa
EOBI Announced to Distribute Pension
through Easypaisa
By Asif Mansoor on June 5, 2012 | 2 Responses
This Post has already been read 1489 times.
Telenor easypaisa has started to server pensioners to provide them money transfer
services more than 3 lack pensioners registered with EOBI through its nationwide
branchless banking network. Director General Operation of Employee Old-Age Benefit
Institute (EOBI) has announced the declaration to sigh up the service of easypaisa.
Now 3 Lakh registered pensioners will benefit the service of easypaisa and get the
amount of their old age benefits and pensiones without any hassel to stand on cue and
wait for long time tehir turn. This is actually great initiative for old aged people an
average estimateion of Rs. 1.6 billion would be transferred through branchless banking
service.
DGO EOBI, Javed Iqbal said that EOBI provides to its registered members old age
benefits like old age pension, survivors pension and individually and also provides the
benefits of WWF to holding registered cards.
He further said that families of registered works will also entitled to receive the death
grant from WWF on the end of their brand earner.

2. He said self-employed person could also register himself or herself with EOBI by paying
their own contribution of Rs. 420 per month and avail these benefits.
EOBI DG advised its pensioners to register themselves at their nearest Telenor
easypaisa franchise. Once registered, the beneficiaries can withdraw pension from the
designated 16,00 easypaisa outlets across Pakistan.
How to Register:
Go to Telenor Franchise, Telenor Sales & Service Center or Branch of Tameer Bank with
original CNIC, Pension Book and PPO to register with easypaisa to receive your pension.
After registration pensioners can receive Pension anywhere any time from easypaisa
outlets.
- See more at: http://www.infozonepk.com/2012/06/05/eobi-announced-to-distribute-
pension-through-easypaisa/#sthash.ONdha2JJ.dpuf
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You are here: Home / Resources / Articles / EOBI pension increase: official view
EOBI pension increase: official view
April 18: THIS is apropos of S.M. Asadullah Faiz’s letter ‘EOBI pension amount too
small’ (April 12) regarding increase in EOBI pension.
It may be appreciated that the Employees Old-age Benefit Institution generates its fund
through contributions from registered employers and employees (insured persons) to
meet its pension liabilities.
Accordingly, the viability of the Institution’s fund and its ability to enhance benefits
totally depends on timely payment of contributions by employers and employees and its
profitable investment in high-yielding securities and stocks.

5. EOBI pensioners like widows and the disabled above 60 years are paid from a fund
maintained by contributions of employers, employees and return on investment.
EOBI pensioners are governed by Sections 21, 22 and 23 of EOB Act, 1976. Any
increase is to be made taking into consideration the long-term viability of the fund and
views of the actuaries.

6. EOBI pensioners like widows and the disabled above 60 years are paid from a fund
maintained by contributions of employers, employees and return on investment.
EOBI pensioners are governed by Sections 21, 22 and 23 of EOB Act, 1976. Any
increase is to be made taking into consideration the long-term viability of the fund and
views of the actuaries.