Pakistan People’s Party Wants the Increase in EOBI Pensions

Islamabad, Pakistan – In a recent statement, former President Asif Ali Zardari called on the government to increase the pensions provided by the Employees’ Old-Age Benefits Institution (EOBI). Zardari emphasized the urgent need to support retirees who are grappling with the rising cost of living.

Zardari, who leads the Pakistan People’s Party (PPP), highlighted the financial struggles faced by pensioners, urging the government to take immediate action. “It is the responsibility of the state to ensure that our elderly are taken care of,” he said. “An increase in the EOBI pensions is not just necessary; it is a matter of survival for many.”

This push comes at a time when the International Monetary Fund (IMF) has also recommended significant economic adjustments. The IMF has advised the government to increase public sector salaries by up to 40% to cope with inflation and improve the purchasing power of citizens. This recommendation underscores the widespread financial strain affecting various sectors of society, including pensioners.

The PPP’s call for increased EOBI pensions aligns with broader efforts to enhance social welfare amid economic challenges. As the government considers the IMF’s suggestions, stakeholders hope for comprehensive measures that address the needs of both current workers and retirees.