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	179,034.93 513.44M	1.52% 2679.44
ALLSHR	107,392.74 1,107.91M	1.22% 1297.66
KSE30	55,017.41 279.74M	1.86% 1007.08
KMI30	254,699.07 209.00M	1.60% 4013.10
KMIALLSHR	69,477.96 622.48M	1.19% 818.48
BKTi	50,802.42 123.06M	2.40% 1189.90
OGTi	36,086.91 28.98M	2.36% 830.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,430.00	93,500.00 91,595.00	3240.00 3.59%
BRENT CRUDE	61.10	61.24 60.00	0.35 0.58%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.55 0.64%
ROTTERDAM COAL MONTHLY	98.15	98.15 97.40	1.25 1.29%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	57.61	57.73 56.56	0.29 0.51%
SUGAR #11 WORLD	14.60	15.05 14.57	-0.41 -2.73%