1bn would also be returned to the EOBI
that had gone to the climate change ministry for flood and earthquake relief activities, the secretary said, but requested for some time in view of the present state of fiscal deficit in the country.
Government had considered EOBI
a money yielding cow.
The court ordered to pay the pensions of retired employees by returning the properties purchased on higher prices by EOBI
Justice Sheikh Azmat Saeed remarked counsel for EOBI
and prosecutor general NAB should appear before court on next hearing.
In August 2017, Bank Alfalah marked another feat by enabling the Alif EOBI
Cards for conducting free-of-cost transactions on POS terminals.
We laud the efforts of EOBI
Management and Bank Alfalah to digitize the payment disbursement process for EOBI
pensioners," said Mr.
They said the devolution of EOBI
to provinces under 18th amendment would greatly affect laborers working in parts of the country and such step would create problems for them.
The MoU was signed by LCCI President, Engineer Sohail Lashari, Chairman Federal Board of Revenue (FBR), Tariq Bajwa, Chairman Securities & Exchange Commission of Pakistan (SECP), Tahir Mahmood and Director General EOBI
, Iqbal Haider Zaidi.
It will be mutually beneficial for the SECP and EOBI
to share information that is relevant to each other.
Earlier, The Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry took notice of the EOBI
It is the first time in Pakistan that EOBI
pensioners will receive pensions through SNIC with the live biometric verification which will also be performed at NADRA e-Sahulat franchisees across Pakistan, enabling record of proof- of -life of pensioners.
Textile units were given time till January 15, 2012 to submit their EOBI
and Social Security refund claims of the first eight quarters (from October 1, 2009 to September 30, 2011).