EOBI Pension Calculator

Estimate EOBI pension free online using the real formula -- average insured wage times years of service, divided by 50. Compare against the current minimum pension.

Average Insured Monthly Wage (PKR)

Years of Insurable Service

Browser only. General estimate -- verify your actual record via EOBI's official portal.

How to Use This Tool

Enter average insured monthly wageBased on your last 12 months of insurable wages

Enter years of insurable serviceMinimum 15 years needed for old-age pension eligibility

See your estimated pensionCompared against the current minimum floor

The Real EOBI Formula, Applied Directly

EOBI's pension calculation follows a specific published formula: average insured monthly wage multiplied by years of service, divided by 50. This calculator applies that exact formula rather than a simplified approximation, while also checking the result against the current minimum pension floor.

Why the Minimum Pension Floor Matters

Since EOBI contributions are calculated on the government-notified minimum wage rather than actual salary, many workers' formula-calculated pension would be quite modest. EOBI guarantees a minimum monthly pension regardless -- if your formula result falls below that floor, you receive the minimum instead, which this calculator checks automatically.

Eligibility Requires Real Service History, Not Just Calculation

The formula only applies once you meet eligibility -- at least 15 years of insurable employment, age 60 for men or 55 for women. This calculator estimates the formula amount; actual eligibility and final payment depend on your verified EOBI record, checked through their official CNIC-based portal.

Frequently Asked Questions

Monthly Pension = (Average Insured Monthly Wage x Years of Service) / 50 -- the official formula EOBI uses, where average insured wage is based on the last 12 months of insurable wages, not necessarily your full actual salary.

EOBI guarantees a minimum monthly pension floor (PKR 11,500 as of the most recent notified increase) -- if the formula calculation produces a lower amount, the minimum pension is paid instead, which matters for workers whose insured wage was relatively low.

EOBI contributions (5% employer, 1% employee) are calculated on the government-notified minimum wage specifically, not actual earnings -- meaning the contribution amount stays the same regardless of whether someone earns the minimum wage or several times that amount.

At least 15 years of insurable employment, with eligibility at age 60 for men and 55 for women. Workers with less service may qualify for a one-time old-age grant instead of a recurring monthly pension.

Treat this as a general estimate based on the published formula -- your actual EOBI record (verified through their official portal using your CNIC), exact insured wage history, and any future rate changes will determine your real eventual pension amount.