Labour welfare: EOBI seeks employers’ support
According to Zaidi, there are 5.5 million industrial and private sector workers who are registered with the EOBI.
KARACHI:
Employees Old Age Benefits Institution Director General (Operations) Syed Iqbal Haider Zaidi has said employers should come forward to support EOBI and honour their legal and moral obligations for better welfare of the country’s workforce. He expressed these views during a visit to the SITE Association of Trade and Industry earlier this week. EOBI is playing a key role in providing pension-related benefits to the workers and their dependants in the shape of old-age pension, survivors’ pension, invalidity pension and old-age grants. According to Zaidi, there are 5.5 million industrial and private sector workers who are registered with the Employees Old Age Benefits Scheme and are getting various types of pensions after retirement. “EOBI has made arrangements to provide pensions to registered workers through branches of National Bank of Pakistan, mobile banking and easypaisa,” he said.
Published in The Express Tribune, June 6th, 2013.
Like Business on Facebook to stay informed and join in the conversation.
I'm constantly reading all above comments but still no body from government side is considering our genuine demand about increase in EOBI pension. Corruption is everywhere in EOBI and Chief Justice of Pakistan is required and requested to please favour us. Although yet I did not claim my pension due to serving overseas and hopeful to settle back soon. This is ironical to see the pension amount of SR 3,600? I would appreciate for a substantial increase in pension instead to use funds in corrupt practices by the management of EOBI.
Allah Bless Pakistan
I am requesting to the media, who is always raising the voice of deprived peoples, that kindly also raise the issue of EOBI Pensioners case. Increase in pension like other Govt. pensioners is also the right of EOBI Pensioners. Please take up the matter in your talk shows for justice.
Dear Sirs, The increase in EOBI Pension is a must. I do not understand why in the Finance bill and budget the name of EOBI pension is not specifically mentioned. The M/O Finance is requested to incorporate EOBI Pension also wi]hile incorporating increase in GOP Pension in the BUDGET. In fact all the Funds of the EOBI should be distributed to EOBI Pensioners after deducting EOBI Expenses and a portion thereof should be accumulated in RESERVE FUND.and invested into GOP Treasury Rrceipts. This is not a Commercial Organization that it should invest surplus money in real Estates and make it a tool for Illegally drraw benefits from them by EOBI employees by corruption. The legislation to this end be considered by the present Democratic Government. Moreover The increase in the present pension minimum amount of Rs.3600 to at least Rs.20,000/=. The Honourable Chief Justice may kindly consider to give a positive decision in his judgement of the present case.
It is the responsibility of the Govt of Pakistan, to arrange increase in pension of EOBI pensioners as increased in the case of Govt and civil employees, in the budget 2013. Huge amount of EOBI funds contributed by the employees and employer is being looted by the custodians and their partners. Although, they are availing luxury facilities in addition to heavy package of their salaries. There is no burden on Govt. to increase in the pension of EOBI retired employees, because the heavy funds are of the contribution of these people. We are senior citizens availing this facilities after contributing in our service. I am humbly requesting to the Honorable Chief Justice of Supreme Court of Pakistan, to kindly also consider the pension case of EOBI retired employees. Because, there is no benefit for poor EOBI retired employees due to purchase of land or establishment of factories from the EOBI funds.
We will always pray for justice.
It s very astonished to note that corruption in purchase of properties of EOBI involving 8 persons including Senator Gulzar are ready to repay the some portion of amount> It seems that further Government Employees will do their corruption role for recovery of this huge amount. We request Government of Pakistan that we are miserable community of Pakistan drawing Rs. 3600/= per months at the age of above 60 whereas we took active part for increasing the foreign exchange to induct in National Exchequer since the independent of Pakistan. The performance of Government Employees have no credit at their back. But they are enjoyed during the service and end the service. Being the Government of Industrialist whose are actual evident by contributed big mountain of funds feeded in EOBI account.At every moment we were ignored by the government employees.. You are requested to please increase our pension not less than Rs. 18,000/- per month keeping in view of our sources and daily requirements. Please take further imperial steps to recover the actual amounts and save from commission of NAB and other Government Official.
Regards
We request Chief Jusice of Pakistan to please review the strurcture of EOBI pensioners because we are also Pakistani citizen and now need in daily requirements, medicals etc. In Rs. 3600/- per month pension is not feasiable inspite of heavy weight funds in our credit inspite of reobery of Mr. Zafar Iqbal Gondal, Malik Riaz of Baharia Town, Sh. Barkat Ullah and Tahir Siddiqui etc etc. The persons appointed in the office of EOBI must be reviewed their mode of job and financial benefits as compared with old age pensioeners. Keeping in view of the facts our minimum pension of 350,000 old pensioner not less than Rs. 18,000/- per month.
Recovery of funds from gunda eliments must be recovered for sale of their own properties and assets. The plan regarding housing soecirity from our funds are not feasible. Some portion of investment should be invested in closed industries to cope up the job of other citizen and cause of source of furtehr income to EOBI with honest team, One Supreme Court Judge may kindly be appointed in supervision of EOBI trasnactions.
Respected Chief Justice of Supreme Court of Pakistan has already taken suomoto notice of the corruption at EOBI by the top machinery of the EOBI. He is requested to kindly recover all our looted amounts, AND ALSO INCREASE OUR MINIMUM PENSION TO RS.18,000- PER MONTH.
It is very astonish to note that our most of old age benefit pensioners does not know about their funds were looting by the Zafar Iqbal Gondal and Barkat Ullah accompanied with Tahir Ali Siddiqui because due to lack of knowledge they are leading their lives misreable conditions inspite of three to four trillion of rupees are in their EOBI accounts. The funds were looted by EOBI staff and politicians frequently because dishonest persons appointed as Watch and Ward of these funds. From 01.07,1977 the financial accounts does not provided to workers real representatives and most of Union could not take interest in their workers future. At this stage we request Supreme Court of Pakistan to instruct Government of Pakistan to increase our pension not less than Rs. 18,000/- per month by reducing the expesnes incurred at EOBI management. EOBI strength must be review and most possible persons with having honest attitute be left in EOBI balance must be releived without back beenfits. There is not need of rush damged in EOBI officies. All reciovery may kindly be taken back for relieving our healthwise, economically and sociallly problems.
Thanks and regards
Has the Pension of EOBI increased from 3600 to 5000 ? please need confirmation ....
Dear sir,
Please confirm that the EOBI pension of retired pensioners of private companies has been enhanced in budget 2013.
is minimum pention of EOBI has been increased from RS 3600 tors 5000in 2013 budget pl reply
thanks