In a significant development for labor workers in Islamabad, the minimum wages for unskilled workers have been revised upwards. The notification was issued by the Employees’ Old-Age Benefits Institution (EOBI) on August 12, 2024.
Effective from July 1, 2024, the monthly minimum wages for unskilled workers in the Islamabad Capital Territory (ICT) has been increased to Rs. 37,000/- per month. This decision comes in line with the amendments made to the Minimum Wages for Unskilled Workers Ordinance, 1961.
Consequently, both employers and employees will see changes in their EOBI contributions. The employer’s share, which is 5% of the minimum wage, will now be Rs. 1,850/- per insured person per month.
Similarly, the employee’s contribution of 1% translates to Rs. 370/- per insured person per month. This upward revision in minimum wages is expected to provide much-needed relief to Islamabad’s unskilled workers and improve their overall standard of living.
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If EOBI contribution is 5% of minimum wage then why the latest minimum wage is not taken into account while calculating EOBI pension. As per the current pension , minimum wage is freezed at 13000.
Minimum pension 10000 hay eobi walo ki or last two years m pension increase nahi hoi
Eobi walo ki pension kub bahray gae es per b koi critical likh thay..last to years say eobi pensioners ki pinshion increase nahi hoi
Min wage for Security Guards has been fixed as Rs 45000/- for 12 hours work.The prevalent Laws prescribe max 8 hours duty on normal rate of pay.Work beyond 8 hours is to be paid at double the ordinary rate of pay i.e Overtime.As minimum wage for 8 hours is 37000, Security Guards who work for 12 hours should be paid 74000/- per month
Eobi authorities are requested for increase of old pensioners which are very low rs 10000 only please enhace the eobi pension as per current inflshon.