EOBI Pension Types & Benefits. If you are a registered worker in Pakistan, understanding EOBI pension types and benefits in 2026 is essential for securing your future. This guide explains all EOBI pensions, eligibility rules, updated benefit structures, and how to claim them clearly and practically.
The Employees’ Old-Age Benefits Institution (EOBI) continues to play a critical role in providing financial security after retirement, disability support, and family protection for insured workers.
What Is EOBI? (Quick Overview)
The Employees’ Old-Age Benefits Institution (EOBI) is a statutory social security organization in Pakistan that provides pensions and grants to registered private-sector employees.
Core Objectives of EOBI
- Ensure income after retirement
- Protect workers in case of permanent disability
- Support families after the death of an insured employee
- Return benefits to short-term contributors
Types of EOBI Pension & Benefits in 2026
There are four main EOBI benefits available to insured persons and their families.
1. Old-Age Pension (Primary EOBI Benefit)
The Old-Age Pension is the most common and important benefit provided by EOBI. It ensures a monthly lifelong income after retirement.
Eligibility Criteria
- Age Requirement
- Men: 60 years
- Women: 55 years
- Minimum Insured Service:
- At least 15 years of verified EOBI contributions
Reduced Old-Age Pension
Workers with 10 years of insured service may qualify for a reduced pension starting 5 years before the official retirement age, subject to EOBI conditions.
EOBI Pension Formula 2026
EOBI pension calculation is based on:
- Last drawn or average wages
- Total insured service
- Government-notified pension factor
General Formula Structure:
Average Monthly Wage × Years of Service × Pension Factor
Example (Pakistan-based structure):
- Last Basic Pay × Years of Service × 7 / 300
Important:
If the calculated pension is lower than the government’s minimum pension, EOBI pays the minimum pension amount.
Key Benefits of Old-Age Pension
- Paid monthly for life
- Transferred directly to bank account
- Continues to spouse after death
2. Invalidity Pension (Disability Pension)
The Invalidity Pension provides income support to workers who become permanently disabled and cannot earn a living.
Who Qualifies?
An insured person is considered sustainably invalid if they cannot earn more than one-third of their previous wages.
Eligibility Conditions
- Minimum Service Requirement
- 5 years of insured service
OR - 3 years of continuous service immediately before disability
- 5 years of insured service
- Disability can be physical or mental
- Disability does not need to be work-related
Duration of Invalidity Pension
- Paid as long as the disability continues
- Automatically converted into Old-Age Pension once retirement age is reached
Why Invalidity Pension Matters
- Protects income during unexpected life events
- Covers non-work-related disabilities
- Provides long-term financial stability
3. Survivors’ Pension (Family Protection Benefit)
The Survivors’ Pension ensures that the family of a deceased insured worker is not left financially vulnerable.
Who Can Claim Survivors’ Pension?
Spouse
- Widow or widower receives 100% pension for life
Children
- Pension divided among children
- Payable until 18 years of age
- If no spouse exists
Parents
- Applicable if the worker was unmarried and childless
- Payable for up to 5 years
Important 2026 Update
Even if a worker dies after retirement, the spouse continues to receive 100% of the pension for life.
This change strengthens family financial security under EOBI.
4. Old-Age Grant (Lump Sum Payment)
The Old-Age Grant is designed for workers who reach retirement age but do not qualify for monthly pension.
Eligibility
- Minimum 2 years
- Less than 15 years of insured service
Benefit Amount
- One month’s average wage for each year of insured service
- Paid as a one-time lump sum
Purpose of Old-Age Grant
- Ensures short-term contributors receive fair compensation
- Prevents loss of contributed funds
EOBI Benefits Comparison Table (2026)
| Benefit Type | Minimum Service | Who Receives It |
|---|---|---|
| Old-Age Pension | 15 Years | Retired Workers (60M / 55F) |
| Invalidity Pension | 5 Years | Permanently Disabled Workers |
| Survivors’ Pension | 3–5 Years | Spouse / Children / Parents |
| Old-Age Grant | 2 Years | Workers with <15 Years Service |
How to Claim EOBI Pension in 2026
Claiming your EOBI benefits is a structured but simple process.
Step-by-Step Claim Process
- Submit Claim Form-01
- Visit nearest EOBI Regional Office
- Verification of service record
- Pension approval & bank transfer
Required Documents
- Original EOBI Card / Registration Number
- Attested copy of CNIC
- Employment Certificate or retirement proof
- Bank account details (IBAN)
Common Reasons for Claim Delays
- Incomplete contribution record
- CNIC mismatch
- Employer non-compliance
- Missing service verification
Tip: Always verify your EOBI contributions before retirement.
FAQs About EOBI Pension type
What is the minimum EOBI pension in Pakistan 2026?
The minimum pension is government-notified and applies if the calculated pension falls below the threshold.
Can women retire earlier under EOBI?
Yes, women are eligible for EOBI old-age pension at 55 years.
Is EOBI pension lifelong?
Yes, old-age and invalidity pensions are paid for life.
Can EOBI pension be transferred to spouse?
Yes, the spouse receives 100% pension for life after the pensioner’s death.
What if my employer did not deposit EOBI contributions?
You can file a complaint with EOBI for contribution verification and recovery.
Conclusion
The EOBI pension system in 2026 offers essential financial protection for workers, retirees, disabled individuals, and families across Pakistan. By understanding pension types, eligibility rules, and claim procedures, you can secure your rights and future income effectively.
