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Pakistan raises minimum pension by 15% to Rs11,500, expanding coverage to more sectors.
Pakistan's Employees' Old-Age Benefits Institution (EOBI) will raise the minimum pension from Rs10,000 to Rs11,500, effective January 1, 2025.
Pensions above Rs10,000 will see a 15% increase.
EOBI's revenue grew by 40% to Rs116 billion in fiscal year 2024-25.
The announcement, set for Labour Day, May 1, will also outline plans to expand coverage to more sectors, including agriculture and finance.
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Pakistán eleva la pensión mínima en un 15% a Rs 11,500, expandiendo la cobertura a más sectores.