Overview & Regulatory Framework

The Employees Old-Age Benefits Institution (EOBI) serves as the primary social security safety net for private sector employees in Pakistan. Operating under the EOBI Act of 1976, the institution is tasked with providing old-age, invalidity, and survivor pensions. Unlike federal government pensions, EOBI coverage is mandatory for all industrial, commercial, and other establishments where five or more persons are employed. The Finance Division and Ministry of Overseas Pakistanis and Human Resource Development periodically revise the minimum pension threshold to align with inflation and cost-of-living indices.

Official Rate Slabs / Schedule

Eligibility Criteria & Qualifying Conditions

• Minimum Service Period: To qualify for an old-age pension, the insured person must have completed at least 15 years of insurable employment.
• Age Requirement: Male employees must reach the age of 60, and female employees must reach 55.
• Reduced Pension: Employees with at least 5 years of service but less than 15 may apply for a one-time Old-Age Grant.
• Registration: The employee must be registered in the EOBI database through their employer at the time of service.

Step-by-Step Claim or Application Process

1. Verification: Ensure your contribution record is updated by visiting the nearest EOBI field office or checking via the official EOBI web portal.
2. Form Submission: Obtain the 'Form PE-01' from the regional EOBI office or download it from the official website.
3. Employer Attestation: Ensure the form is duly signed and stamped by your current or last employer.
4. Processing: Submit the application to the Regional Office in your jurisdiction.
5. Disbursement: Upon approval, the pension amount is credited to your dedicated EOBI-linked bank account.

Required Documents & Attestation Checklist

• Original EOBI Registration Card (if available).
• Certified copy of CNIC.
• Two passport-sized photographs.
• Pension application form (Form PE-01).
• Service certificate from the employer.
• Bank account details (IBAN) for direct credit.

Frequently Asked Questions (FAQ)

What is the current minimum EOBI pension?

As of 2026, the minimum monthly pension rate stands at Rs. 10,000.

Can I calculate my potential pension?

Yes, you may use our Pension Calculator to estimate your benefits based on your service years and contribution history.

What happens if I don't meet the 15-year service requirement?

You are eligible for a one-time Old-Age Grant, which pays Rs. 20,000 for each completed year of insurable service.