Name of the Organization : Employees’ Old Age Benefits Institution (eobi.gov.pk)
Type of Facility : Contribution Payment Slip
Country : Pakistan
Website : http://www.eobi.gov.pk/
Download Slip : https://www.statusin.org/uploads/7558-PR-03-N.pdf
EOBI Contribution Payment Slip
EOB Act 1976 was enforced with effect from April 01, 1976, to achieve the objective of Article 38 (C) of the Constitution, by providing for compulsory social insurance. It extends Old-Age Benefits to insured persons or their survivors
Related / Similar Service :
pifra.gov.pk Pay Slip Registration
eobi.gov.pk Pension Claim Status
Benefits
Under EOB Scheme, Insured Persons are entitled to avail benefit like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor’s Pension (in case an Insured Person is expired)
Pension Rates
Minimum Rs. 3600/=
Maximum As per Formula
Contributions
EOBI does not receive any financial assistance from the Government for carrying out its Operations. A contribution equal to 5% of minimum wages has to be paid by the Employers of all the Industrial and Commercial Organizations where EOB act is applicable. Contribution equal to 1% of minimum wages by the employees of said Organizations.
Rules & Regulations
Registration of Employers & Insured Persons under Employees’ Old-Age Benefits Rules 1976 :
** S.R.O. 709(1)/76, dated 12th July 1976: In exercise of the powers conferred by Section 44 of the Employees’ Old-Age Benefits Act, 1976 (XIV of 1976).
Short title and commencement :
(1) These rules may be called the Employees’ Old-Age Benefits (Registration of Employers & Insured Persons) Rules, 1976
(2) They shall come into force at once.
Definitions :
In these rules, unless there is anything repugnant in the subject or context,
(a) “Act” means the Employees’ Old-Age Benefits Act, 1976 (XIV of 1976);
(b) “Form” means a form annexed to these rules
(c) “Institution” means the Employees’ Old-Age Benefits Institution exercising and performing the powers and functions of the Institution under the Act.
Registration of employers and insured persons :
(1) An employer shall before expiration of thirty days from the day on which the Act becomes applicable to the industry or establishment in respect of which he is the employer, communicate to the Institution the name and particulars of the industry or establishment in Form PR-01 and of every insured person employed therein in Form PE-01 and, in the case of Form PE-01, give the receipt appended to the Form to the insured persons.
(2) An insured person may also communicate his name and other particulars to the Institution in Form PE-02..
(3) On receipt of the requisite particulars in Forms PR-01 and PE-01 from an employer, the Institution shall register the name of the industry or establishment in respect of which he is the employer and of the insured person and issue to the employer a Certificate of Registration in Form PI-02 and to each insured person a Registration Card in Form PI-03.
(4) The institution may send the Registration Card in Form PI-03 to the employer for delivery to the insured person to whom it relates.
Contact Us:
Head Office:
EOBI House, 190/B/1,
Block-2 PECHS
Karachi
Free Helpline : 08000-EOBI (3624), (during office hours 8 AM to 4 PM)
View Comments (3)
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