4. In Pakistan, Employees Oldage
Benefits Institution (EOBI) ensures
pension for employees of private
concerns including advertising
agencies. Ad agencies pay 5%
monthly wages of employees to
EOBI and get registration cards.
Nowadays minimum pension is
Rs.3600 per month. Keeping in view
inflationary trends, it is very difficult
to live with the meager pension
amount.
In fiscal budget 2014-15, federal
government has fixed minimum
pension to Rs.6000 per month.
Sajid Imtiaz: Chief Editor, Daily 10 Minutes
More than 25 ad agencies remain
suspended throughout the year,
therefore, chairman EOBI is
requested to conduct thorough
research in all sectors of economy
for welfare and wellbeing of workers
in private sector including print and
electronic media.