Why EOBI Using the Biometric Verification for Employees?

When an employee applies for the EOBI pension program, he/she has to pass the biometric verification once every 6 months. This verification is very necessary and it can not be avoided in any case. If you want to get your pension payment continuous then you need to pass this biometric verification regularly.

Why EOBI Using the Biometric Verification for Employees?

In this article, we will let you know why this verification is required and how to perform it with ease.

What is a Biometric Verification?

Biometric verification is a security measure used by the Employees’ Old-Age Benefits Institution (EOBI) in Pakistan to ensure the authenticity of pensioners. It involves the use of unique physical characteristics, such as fingerprints or iris scans, to confirm the identity of individuals. 

This process helps prevent fraudulent claims and ensures that only eligible pensioners receive their payments. Regular biometric verification typically required every 6 months, is mandatory to continue receiving pension payments from EOBI. It ensures the continuity and security of pension disbursements by verifying that the pensioner is alive and eligible to receive benefits.

Why EOBI Using the Biometric Verification for Employees?

Prevention of Fraudulent Activities:

Biometric verification helps prevent fraudulent activities such as identity theft or pension fraud. By verifying the unique biometric traits of individuals, EOBI ensures that only genuine pensioners receive their benefits.

Enhanced Security and Accuracy:

Biometric verification provides a higher level of security compared to traditional identification methods like ID cards or signatures. It reduces the risk of impersonation and ensures accurate identification of pensioners.

Verification of Eligibility:

Regular biometric checks verify the continued eligibility of pensioners. This ensures that only those who are alive and entitled to receive benefits continue to do so, maintaining the integrity of the pension system.

Timely Disbursement of Payments:

By verifying pensioners’ identities through biometrics, EOBI can expedite the disbursement of pension payments. This helps in timely financial support to retirees who depend on these funds for their livelihood.

Compliance with Regulatory Standards:

Biometric verification aligns EOBI operations with regulatory standards and best practices in pension administration. It demonstrates a commitment to transparency and accountability in managing public funds allocated for pension benefits.