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The Employees Old-Age Benefits Institution (EOBI) has recently announced a significant increase in pension for retired employees in Pakistan. This news has brought relief to many retirees who have been struggling to make ends meet with their current pension amounts.

According to the latest news from EOBI, the pension increase will be implemented starting in 2024. This decision comes after careful consideration of the rising cost of living and the need to provide better financial support to retired employees.

The EOBI pension increase will not only benefit current retirees but also future retirees who will be able to retire with a higher pension amount. This news has been welcomed by many in the country who have been advocating for better pension benefits for retired employees.

The increase in pension reflects the commitment of the government to improving the welfare of its citizens, especially those who have dedicated their lives to serving the country through their work. It is also a recognition of the valuable contribution that retired employees have made to the development and progress of Pakistan.

The EOBI has assured retirees that the pension increase will be implemented in a timely manner and that they will start receiving the higher amount from 2024 onwards. This news has brought much-needed relief to retirees who have been struggling to meet their basic needs with the current pension amounts.

Overall, the announcement of the EOBI pension increase is a positive development for retired employees in Pakistan. It is a step towards providing better financial security and stability to those who have dedicated their lives to serving the country. This news has been welcomed by many and is a sign of the government’s commitment to improving the welfare of its citizens.