National Institute of old age benefits (EOB) provides entitled Persons to avail benefits like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor’s Pension (in case an Insured Person is expired). Since 2012 the Federal Government allows Pension Payment to the Insured Persons and their survivors.
Allow revised rates of Payment:
1- Minimum Pension has been enhanced from Rs. 3000 per month to Rs. 3600 per month.
2- Other pensions have been increased by 20% ( as per Formula ).
3- Additional pension equal to the pension allowed as per the rules for the female child of a deceased insured person already in receipt of of pension after attaining the age 18 years till marriage.
4- Additional Pension to disabled children of the deceased insured persons already in receipt of pension after attaining the age of 18 till death.[adsense]
More detail and Information visit Employees National Institute of old age benefits: www.eobi.gov.pk
