The Employees’ Old-Age Benefits Institution (EOBI) is the pension, old age benefits and social It came into formation in , through the passage of the Employees’ Old-Age Benefits Institution Act of by the Parliament of Pakistan , As per EOBI rules, parents of the unmarried employee gets pension for 5 years in. This presentation is about the EOBI Act as applicable in Pakistan. A part of labour laws. Law deals about old age benefits and invalidity. Employees’ Old-Age Benefits Act, Applicable by Notification 1(4)(ii). Federal Govt. may apply EOBI Act to any establishment (even with less than 5.
||7 July 2014
|PDF File Size:
|ePub File Size:
||Free* [*Free Regsitration Required]
Amendment of section 44, Act XIV of However, corruption in the deal has eroded away all the hopes of profits. Updated December 30, Pressure on the press A government-controlled body to run the affairs of newspapers is not in sync with the modern concepts of rule. Amendment of section 23, Act XIV of Computerization and administrative reforms are being carried out to reduce the administrative expenses.
Pakistan is once again at a critical juncture of political transition. There is no provision for indexation with increase in cost of living.
EOBI operates on the partially funded basis. The declaration so made shall be accepted without any question provided no demand of contributions previously created remains outstanding against such employer.
Nuclear development Nuclear energy development Project Uranium enrichment programme Plutonium reprocessing programme Chagai Hills Ras Koh Hills Inaugurating first atomic power plant Radiation health services Establishing Pakistan nuclear industry. Retrieved 9 August The details of the beneficiaries are given in the table below. Provided that 19776 of record in case of those employers who have not opted for Self-Assessment Scheme shall only be done once in a year, with fifteen day’s prior notice, by an officer not below the rank of Assistant Director.
Employees Old-Age Benefits Institution
This page was last edited on 30 Novemberat An insured person typically becomes eligible to get pension after reaching the age of 60 and completing 15 years of insured service. Amendment of section 8, Act XIV of eobii Also, provincial 1967 lose the health insurance benefit the moment they retire from the work which is the time they need the health insurance benefit the most. Pakistan Muslim League Ch. December 31, Economic direction?
Employees Old-Age Benefits Institution – Wikipedia
Dear reader, online ads enable us to deliver the journalism you value. Amendment of section 22, Act XIV of Contribution equal to 1pc of minimum wages is paid by the employees of the organisations.
Amendment of section 12, Act XIV of Dear reader, please upgrade to the latest version of IE to have a better reading experience. Employees’ Old-Age Benefits Institution.
Dawn picks the minds of movers and shakers to spot potential drivers and project trends in key economic indicators. To increase its financial resources, the EOBI attempted to purchase cheaper land with the hope its prices would increase and the organisation will be benefited. From Wikipedia, the free encyclopedia. Inauguration ceremony of Mohmand dam postponed.
The Ordinance will come into force at once. Updated December 30, Prisoner accord If Pakistan hopes to bring back to own prisons people sentenced abroad, it is even acg reason to reform jail system.
Provided further that where the contribution under section 9B is paid regularly by the insured person himself in accordance with prescribed acf, his entitlement to the benefit shall not be affected by default in payment of employer’s share of contribution under section 9.