Effective January 1, 2025, the minimum monthly pension will increase from Rs10,000 to Rs11,500. In addition, existing pensions above Rs10,000 will receive a 15% hike.

The decision was made during a high-level review meeting chaired by Federal Minister for Overseas Pakistanis, Salik Hussain.

The session assessed EOBI’s performance for the fiscal year 2024–25, during which the institution reported Rs116 billion in income — a 40% rise compared to the previous year.

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The briefing also outlined future plans, including a proposal to extend EOBI coverage to smaller establishments employing fewer than 10 workers.

Other sectors such as agriculture, domestic labor, finance, and legal services are also expected to be brought under the EOBI umbrella, significantly broadening the reach of Pakistan’s social security system.

The official announcement of the pension increase is expected to coincide with Labour Day on May 1, 2025 — a symbolic gesture aligned with the government’s ongoing efforts to strengthen social welfare programmes.