Govt likely to raise EOBI pensions by 10% on Labour Day

MG News | April 30, 2025 at 10:20 AM GMT+05:00

0:00

April 30, 2025 (MLN): The government is likely to raise the pension of registered persons at EOBI by 10%, whereas Prime Minister Muhammad Shehbaz Sharif is to decide on Labour Day.

The government will increase the pension amount by 10%, effective from May 1, where the pension amount will be increased on a monthly disbursement of Rs10,000 to Rs30,000 paid to individuals enrolled at EOBI.

The raise to cost nearly Rs8 billion per month, and the monthly amount would reach around Rs68bn, as per the press release issued today.

There are more than 400,000 registered individuals associated with EOBI.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,180.94 423.57M	0.51% 796.43
ALLSHR	95,690.82 1,354.89M	0.59% 557.25
KSE30	47,714.39 199.12M	0.52% 247.40
KMI30	229,722.09 134.66M	0.91% 2076.87
KMIALLSHR	64,420.07 581.33M	0.83% 532.01
BKTi	41,969.52 122.61M	0.50% 207.74
OGTi	31,991.76 10.82M	1.18% 372.62

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,185.00	117,335.00 114,960.00	1610.00 1.39%
BRENT CRUDE	68.51	68.69 67.01	1.07 1.59%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.35	93.50 93.15	0.50 0.54%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.58	64.76 62.89	1.28 2.02%
SUGAR #11 WORLD	15.88	16.10 15.82	-0.12 -0.75%