In Pakistan, ensuring the financial security of employees is a critical responsibility for every business. The Employees’ Old-Age Benefits Institution (EOBI) provides social security benefits such as pensions, disability assistance, and survivor support.
Being an EOBI registered employer not only fulfills legal obligations but also builds trust and loyalty among employees.
What is an EOBI Registered Employer?
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EOBI stands for Employees’ Old-Age Benefits Institution.
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A registered employer contributes to employees’ social security, including pensions, survivor benefits, and disability assistance.
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Registration ensures compliance with Pakistan’s labor laws and builds employee trust.
Benefits of Being an EOBI Registered Employer
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Legal Compliance: Avoid penalties and legal issues.
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Employee Retention: Employees feel secure about their financial future.
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Record Keeping: Helps maintain proper employee employment records.
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Social Security Access: Employees get old-age pensions, disability support, and family benefits.
Benefits for Employees
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Monthly pension after retirement.
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Financial assistance in case of disability.
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Survivor benefits for families after the employee’s death.
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Builds loyalty and motivation to stay long-term with the employer.
How to Register as an EOBI Employer
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Visit the EOBI Office or Online Portal: Go to the nearest EOBI office or the official website of EOBI Pakistan.
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Fill Registration Form: Provide company details, including business name, address, and list of employees.
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Submit Required Documents:
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NTN certificate of the company.
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List of employees with salaries.
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Any other documents requested by EOBI.
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Receive Employer Code: After approval, EOBI provides a registration code.
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Start Monthly Contributions: Employers must contribute a percentage of each employee’s salary to EOBI. The contribution is shared between employer and employee.
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Maintain Records: Keep updated employee and contribution records for audits or inspections.
