ISLAMABAD: Reports circulating on social media about an increase in EOBI pensions, the Employees’ Old-Age Benefits Institution (EOBI) has advised pensioners to rely only on information issued through official channels and warned against fake and unverified notifications.
In its clarification issued on the directions of Minister for Overseas Pakistanis and Human Resource Development Chaudhry Salik Hussain, the EOBI said any further increase in pensions would depend on the financial position of the pension fund and the outcome of an actuarial valuation, as required under Section 21 of the Employees’ Old-Age Benefits Act, 1976.
The institution clarified that EOBI pensions were increased by 15 per cent in August 2025, with the increase taking effect from January 1, 2025. The minimum monthly pension was raised from Rs10,000 to Rs11,500, while pensioners were also paid arrears arising from the increase.
According to the EOBI spokesperson, pension revisions can be considered within a three-year period under the law, but any further increase remains subject to the financial sustainability and actuarial position of the pension fund.
The clarification comes after Hussain took notice of the difficulties faced by EOBI pensioners and directed the institution to take up the issue of another pension increase within a year. The EOBI Board of Trustees, at its meeting on July 28, 2026, approved an actuarial valuation of the pension fund. The valuation is a key requirement before any further change in pension rates can be considered.
The EOBI once again urged pensioners and the general public to verify pension-related information through official EOBI channels and avoid relying on unverified reports circulating on social media.
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