🇵🇰 EOBI: Calculator

Estimate your Pakistani EOBI old-age pension and contributions for 2026.

Rs
yrs
Rs
ESTIMATED MONTHLY PENSION
Rs 0
At 15+ years of insurable service
Employer Contribution
Rs 0
Employee Contribution
Rs 0

How EOBI Contributions and Pension Are Calculated

The Employees' Old-Age Benefits Institution (EOBI) is Pakistan's mandatory social insurance scheme for workers in registered establishments, funded by employer and employee contributions and paying a monthly old-age pension after retirement.

Monthly Contribution = 5% (employer) + 1% (employee) × Prevailing Minimum Wage (not actual salary)
Monthly Pension = max( (Average Monthly Wage × Years of Insurable Service) / 50, Rs 11,500 minimum )
Requires at least 15 years of insurable service to qualify for a monthly pension

Contributions Are Based on Minimum Wage, Not Your Actual Salary

Unlike many pension schemes, EOBI contributions are calculated as a percentage of the government-set minimum wage (Rs 37,000 for 2026, after a 10% increase for FY2026-27) — not your actual earnings, even if you earn far more. This keeps the monthly contribution amount small and fixed regardless of income level.

The Pension Formula: 2% Per Year of Service

Dividing by 50 is mathematically the same as multiplying by 2%, so EOBI's old-age pension effectively credits 2% of your average wage for every year of insurable service — meaning 25 years of service replaces 50% of your average wage as a pension, before the minimum pension floor is applied.

Less Than 15 Years of Service

Workers with at least 1 year but less than 15 years of insurable service aren't eligible for a monthly pension, but can claim a one-time old-age grant (a lump-sum refund based on contributions) instead when they leave insurable employment.

📎 Related Tools: Pakistan Income Tax Calculator Zakat Calculator Retirement Calculator Salary Calculator

❓ Frequently Asked Questions

How many years of service do I need for an EOBI pension?
You need at least 15 years of insurable service to qualify for a monthly old-age pension. With fewer years (but at least 1), you may be eligible for a one-time old-age grant instead.
What is the minimum EOBI pension in 2026?
The minimum monthly old-age pension is Rs 11,500, following a 15% increase applied from 2025. Even if the formula-based calculation is lower, EOBI pays at least this amount to eligible pensioners.
Are EOBI contributions based on my actual salary?
No. Both the employer's 5% and the employee's 1% contribution are calculated on the prevailing government minimum wage (Rs 37,000 for 2026), not on your actual salary, even if you earn significantly more.
How is the EOBI pension amount calculated?
The formula is (Average Monthly Wage over the last 12 months × Years of Insurable Service) ÷ 50 — equivalent to 2% of your average wage for each year of service — with the Rs 11,500 minimum pension applied as a floor.
At what age can I claim an EOBI pension?
The standard retirement age for EOBI's old-age pension is 60 for men and 55 for women, provided you meet the minimum insurable service requirement.

🏆 About This Tool — Accuracy & Trust

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📐 Accuracy Note: This tool uses standard, widely published formulas and guidelines. Results are estimates for informational purposes; for financial, medical, or engineering decisions, consult a licensed professional.

📅 Last Updated: September 2026.