EOBI to pay pensions thru ATMs, Wafaqi Mohtasib informed
ISLAMABAD—Employees Old-Age Benefits Institution (EOBI) on Thursday apprised the Federal Ombudsman that revolutionary steps were being taken for the restructuring of the institution which also includes drawing of pensions through ATM cards. The officials of EOBI stated this milestone would be achieved by the end of next month helping out 6.5 million of workforce to receive their cash through ATM cards avoiding long queues in the banks.
The briefing was given to a committee constituted by Federal Ombudsman of Pakistan, M. Salman Faruqui on the restructuring of EOBI. Malik Asif Hayat, former chairman Federal Public Service Commission (FPSC) chaired the meeting which was also attended by the senior officials of the EOBI, said a press release.
Officials of EOBI while briefing the meeting stated that reforms were being introduced in the institution in order to facilitate pensioners. Efforts were also being made for the computerization of EOBI record for enhancing its performance, they said. The officials stated that they were going to sign an agreement with the Transparency International and ask it to watch out EOBI while making transac-tions and procurements in order to gain confidence of general public.
They accepted that currently EOBI was facing structural and administrative issues but at the same time they were moving in a positive direction, adding that for the first time data of employees and employers have been displayed on the EOBI website.—APP