Payroll · Glossary
EOBI (Employees’ Old-Age Benefits Institution)
Pakistan’s statutory old-age pension scheme — a small employer + employee deduction is mandatory.
Full definition
EOBI (Employees’ Old-Age Benefits Institution) is Pakistan’s statutory old-age pension scheme. Employers with five or more employees must register and contribute a fixed amount per employee per month, with a matching employee deduction. Zaffre HRM automatically applies EOBI deductions when configured and emits the required monthly contribution sheet.
EOBI (Employees’ Old-Age Benefits Institution) in practice
See how Zaffre HRM implements eobi (employees’ old-age benefits institution) across HR, payroll, attendance and operations.
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