EOBI stands for Employees’ Old-Age Benefits Institution. As the name suggests, the institution works for the welfare and financial security of employees in their old-age or post-retirement period. For many years, private as well as public sector companies did not entertain employees in this regard. Although public sector employment offered many benefits to employees including health coverage, EOBI was not as much in focus. With some of the recent developments in the country, several important reforms have been made across all sectors. The implementation of EOBI policies is one of these important reforms. With the help of this, employees do not have to worry about their old-age period financially. The fund collects proportions of employees’ monthly salary to serve in need during the post-retirement phase. Let’s have a look at the details of how EOBI fund works and how you can check EOBI verification online.
EOBI – How Does It Work?
The recent years have witnessed a massive attention on EOBI registration and verification. For those who are not familiar with the term, EOBI or Employees’ Old-Age Benefits Institution is a fund that supports employees in their old age. Both the employer and the employee contribute to the fund. This way, individuals have to not worry about their financial needs after retirement. If you want to check EOBI verification online, we have gathered the details to help you step-by-step in the process.
Let’s get started!
EOBI Verification Online Guide
Like many other departments, the government has recently digitalized the EOBI management portal for citizens. Using this platform, you can check your collected EOBI funds and claim them online. Here, it is important to remember that the officially declared retirement age is 60 years for men, and 55 years for women.
For the successful verification and claim of your EOBI funds, you can follow the listed steps.
Visit the EOBI website at www.eobi.gov.pk
Click “Individual Information” and check your EOBI Registration number using your CNIC.
You can find all prospective pensioners mentioned in the online database.
Once you find your details online, you can submit the required documents to make your claim.
The document can be sent to the nearest local EOBI office.
After EOBI verifies your documents, you will receive a Pension Claim form.
You will be required to fill out the form and submit it to your Regional Office.
EOBI will start the claim process to grant the pension after receiving the form.
Pension will then be granted as soon as possible.
After the pension is granted, a Pension Book/Card will be issued within 30 days.
Required Documents And How To Send Them
Here are the documents required to claim EOBI funds. You need to send these documents to the Office of Director General (Operations), 3rd Floor, EOBI House (Ex Awami Markaz), Main Shahrah-e-Faisal, Karachi.
|Documents for Insured Individuals (Alive)||Documents of Insured Individuals (Deceased)|
|EOBI Registration Card PI-03 (if available)||EOBI Registration Card PI-03 (if available)|
|Certificate/Proof of Employment||Certificate/Proof of Employment|
|Copy of CNIC||Copy of CNIC|
|–||Nikah Nama of the spouse (Widow/Widower)|
|–||Death Certificate issued by NADRA|
|–||Proof of relationship with the deceased(FRC issued by NADRA)|
Can you check EOBI verification online?
Yes. You can now check your EOBI verification online by visiting official website www.eobi.gov.pk
You can use the above information to check EOBI verification online.