Mockery of budget rules: EOBI still pays two-year-old pension

KARACHI: Pensioners still receive minimum pension of only Rs 3600 despite the fact that government had increased it to Rs 5000 in the budget for fiscal year 2013-14, while in the budget for new fiscal year 2014-15 both federal and Sindh government have announced a further Rs 1000 increase in the minimum pension.

Employees Old-Age Benefits Institution (EOBI) still pays Rs 3600 to the pensioners, which is great injustice and violation of labour laws.

Assistant Director in EOBI Abdul Wahid confirmed that the announcement made by Sindh government in the budget for fiscal year 2013-14 regarding increasing minimum pension to Rs 5000 could still not be implemented.

“We have not received any notification from the provincial government even after passage of one-year and that is why we still pay minimum pension of Rs 3600 only,” he added.

Deputy General Secretary National Trade Unions Federation (NTUF) Nasir Mansoor said that the situation was same in the whole country and federal government as well as all provincial governments had totally failed to implement minimum wage and pension laws.

He said that though the minimum wage and pension fixed by the government in annual budget were too less but government could not even implement it too. He demanded of the government to increase minimum salary to Rs 20000 and minimum pension to Rs 10000 and implement it in letter and spirit in the whole country forthwith.

When contacted, Vice President Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman claimed that all members of KATI were fully following the minimum wage law of Rs 10000 and now after implementation of new fiscal year budget the same would be followed.

However, He admitted that a large number of employers were not following the law and exploiting the labourers.

The post Mockery of budget rules: EOBI still pays two-year-old pension appeared first on Pakistan Press International.

Karachi: Nestlé Pakistan recently signed an agreement with Oxford University Press for curriculum development for
Karachi: Karachi Water and Sewerage Board (KWSB) here Thursday declared illegal constructions and encroachments over
KARACHI: Four persons, including a woman, were injured in a traffic incident in Nazimabad area