Introduction:
An important decision was taken in a federal cabinet meeting chaired by Shahbaz Sharif. The decision of this federal cabinet meeting is great news for EOBI pensioners. In this recent meeting of the federal cabinet, it has been decided to increase the pension of EOBI pensioners by 15%. The main objective of this decision is to provide financial assistance to EOBI pensioners after retirement.
In this meeting, Prime Minister Shahbaz Sharif also discussed the political and economic issues facing the country. He also praised the peaceful Islamic processions during Muharram. Along with this, he congratulated the Chief Ministers of the four provinces and the nation on the peaceful Muharram processions amidst the state of emergency and security challenges.
Prime Minister Shahbaz Sharif addresses the cabinet:
Addressing the cabinet, he emphasized accountability of ministries and review of their performance. He said that the performance of the ministries will be properly reviewed every 2 months. The performance of ministries that perform well will be appreciated. In case of any discrepancies, immediate steps will be taken and they will be resolved.
Minister Shahbaz Sharif issued a warning to those spreading false information, further action will be taken against them. He said that the government’s top priority is to serve the nation truthfully and efficiently. He said that those who perform well in his government will be appreciated for their performance. And if someone makes a mistake and does not live up to their performance, they will be held accountable and will have to answer.
When will the pension be implemented?
While chairing a recent meeting of the federal cabinet, Prime Minister Shahbaz Sharif announced an increase in pensions for EOBI pensioners. This is great news for pensioners retiring amid rising inflation and economic challenges. The government has announced a 15% increase in the pension monetary amount to support EOBI pensioners after they retire. Its main purpose is to provide financial assistance to these pensioners. The pension increase will take effect from January 1, 2025.
Conclusion:
Increasing the pension of EOBI pensioners is an excellent initiative by the government. The government’s move to increase pensions by 15 percent is highly commendable. This increase in pension is very good news and also a great relief for retiring officers. Prime Minister Shahbaz Sharif said that he only wants to serve the nation with a sincere heart. And providing relief to the poor is also their top priority.
