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Pakistani government raises pensions by 15%, benefiting retirees starting September 1st.
The Pakistani government has approved a 15% increase in pensions, effective September 1st, benefiting retirees under the Employees' Old-Age Benefits Institution (EOBI).
This raises the minimum monthly pension and includes arrears.
The EOBI plans to release Rs10 billion monthly for timely payments, aiming to also cover domestic and agricultural workers in the future.
This hike follows a similar 15% increase approved last month for January 2025.
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El gobierno paquistaní eleva las pensiones en un 15%, beneficiando a los jubilados a partir del 1 de septiembre.