what eobi stands for
ISLAMABAD: For the first time in almost three years, pensioners of Employees Old-Age Benefits Institution (EOBI) will taste an increase in their retirement compensations, as the federal government has announced that their minimum pension would now be Rs5, 250 per month, which is an increase of around 46%.t present, the employer contributes 5% of the minimum wage of Rs8,000 or Rs400 while the employeeâs contribution is 1% of minimum wage or Rs80 per month. However, according to a study, the EOBI funds will deplete by 2027, if pensions are increased without raising employer and the employeeâs contribution.