EOBI pensions to increase from May 1, with stricter verification procedures
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1 Articles
EOBI pensions to increase from May 1, with stricter verification procedures
ISLAMABAD: The Public Accounts Committee (PAC) was informed on Wednesday that from May 1, pensions for beneficiaries of the Employees Old-Age Benefits Institution (EOBI) will be increased, with age verification now relying on CNIC records instead of matriculation certificates. Audit officials revealed that EOBI had disbursed Rs2.79 billion to 5,131 fake pensioners, many of whom did not meet the eligibility criteria. These ineligible individuals …
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