Govt to increase EOBI pension in budget

Ijaz Kakakhel

The National Assembly on Wednesday was informed that the government is considering to enhance the pension of Employees Old Age Institution (EOBI) in July 2023. Responding to a Calling Attention Notice, Minister of State for Law and Justice Shahadat Awan told the House that a consultant had been hired to determine the pension of the EOBI’s beneficiaries, keeping in view the institution’s proceeds. He said about four hundred and thirteen thousand people are currently benefiting from EOBI’s pension scheme. He said at present, the pension is being given in the range between eight thousand five hundred rupees and twenty-one thousand rupees.

The national assembly which met today at parliament house and speaker Raja Pervaiz Ashraf was on chair. The National Assembly today passed two bills, included the National Skills University Islamabad Amendment Bill 2023 and the NFC Institute of Engineering and Technology Multan Amendment Bill, 2023.

Minister for Federal Education and Professional Training Rana Tanveer Hussain moved the National Skills University Islamabad (Amendment) Bill, 2023 which was passed by the House. He moved another bill the NFC Institute of Engineering and Technology Multan (Amendment) Bill, 2023 into the House which was also passed.

The House also passed a motion for consideration of the Control of Narcotics Substances (Amendment) Bill, 2022 in the joint sitting of Parliament.

The Half Year Report of the Board of Directors of State Bank of Pakistan on the State of Pakistan’s Economy for the year 2022-2023 was also laid in the House. The House considered two calling attention notices and also took up the question hour.