The Employees’ Old-Age Benefits Institution (EOBI) released Rs18 million in arrears to retired employees of Attock Refinery Limited (ARL) under the 2025 pension revision plan.
The Nation reported that EOBI Deputy Director General (Operations) Muhammad Amin said 263 retired ARL employees received revised pensions. Their monthly pensions rose by up to Rs15,000. The change will cost EOBI around Rs24 million annually, funded through internal resources under the national pension revision policy.
The Rs18 million arrears cover differences from earlier months after a 15% pension increase approved in early 2025. The federal government raised the minimum EOBI pension from Rs10,000 to Rs11,500 per month, effective January 1, 2025. EOBI processed these arrears in the September payment cycle, as promised by the National Assembly’s Standing Committee.
At a ceremony in Attock Refinery, EOBI Chairman Dr. Jawaid Ahmed Shaikh said EOBI ensures timely and transparent pension payments to all insured workers. He added that pensioners receive payments automatically without extra paperwork.
The 2025 EOBI pension raise is part of a broader effort to improve retirees’ financial protection. Reports confirm that the new rates appeared in the September and October pension disbursements. The revision supports the government’s social protection agenda to ensure timely payments for registered EOBI employees across Pakistan.
Attock Refinery management and the Collective Bargaining Agent (CBA) appreciated EOBI’s timely action. They said the reforms will strengthen financial stability for retired industrial workers.
Category | Details |
---|---|
Beneficiaries | 263 retired ARL employees |
Monthly Pension Increase | Up to Rs15,000 |
Annual Financial Impact | Rs24 million |
Total Arrears Released | Rs18 million |
Effective Date | January 2025 onwards |
Implementation | September 2025 payment cycle |
The latest EOBI pension update highlights EOBI’s ongoing commitment to retirees’ welfare and transparent benefit distribution. Thousands of pensioners, including ARL retirees, now receive updated pensions after the release of arrears and the nationwide rollout of the 2025 pension increase notification.