KARACHI - During the month of April, the EOBI has disbursed a total amount of Rs 831 million among its beneficiaries, says a press release. This was disclosed by EOBI South DG (Operations) Javed Iqbal in a meeting at EOBI Head Office Karachi. ‘During the same month, the EOBI approved 4,691 new pension claims, including 2,329 old age, 230 invalidity, 1237 survivors and 895 old age grant claims,” he said. “

Javed Iqbal said the EOBI collected Rs 825 million as EOB contribution from the registered employers and employees during the month of April, adding that the EOBI has started disbursement of pension through Easy Paisa.

Speaking on the occasion, EOBI Chairman Mr. Zafar Iqbal Gondal said EOBI provides Old Age Pension, survivors Pension and Invalidity Pension to the registered workers as well as benefits of WWF are also available to the employees/employers registered with EOBI thus holding it registration card.

He further said that families of registered workers are entitled to receive death grant from WWF on the demise of their bread earner. He added that self-employed person could also register themselves with EOBI by paying their own contribution of Rupees 420 per month and get these benefits.