More than half of Pakistan's workforce deprived of benefits - April 25, 2011

EOBI Chairman concedes that more than 50% of workers are not registered with Employees Old Age Benefits Institution, quite opposite to government's tall claims.

EOBI Chairman concedes that more than 50% of workers are not registered with Employees Old Age Benefits Institution, quite opposite to government's tall claims. Out of total 59 million workers, only 29 million are registered with EOBI and have entitlement for old age benefits. While talking to the reporter, he counted corruption and dishonesty of employers as the main reasons for shortfall in workers’ registration.

Although Government had set a target of registering 10 million workers with EOBI in recent years, only 2 million workers have been registered so far. And EOBI would never be able to reach its target, as it has to be devolved by 30th June 2011 to the provinces, in accordance with 18th amendment in the Constitution.

EOBI Chairman, Mr. Zafar Iqbal Gondal also said that with devolvement of EOBI to provinces, the provinces of Khyber Pakhtunkhwa and Balochistan would suffer at a larger scale as they would get only a small share of EOBI’s trillion rupee fund. The reasons for this is that most of the workers from these provinces are working in Punjab or Sindh as industrial units in KPK and Balochistan are either sick or have shut down.

Source: Daily Dawn www.dawn.com, April 25, 2011 30m workers deprived of EOBI benefits

loading...