EOBI has released pension funds to Bank Alfalah. According to a statement issued on Saturday, a total amount of over Rs 5.57 billion has been allocated for more than 435,197 pensioners.
The Employees’ Old-Age Benefits Institution (EOBI) has formally transferred this substantial amount to Bank Alfalah, which will facilitate the disbursement of funds to eligible recipients across the country.
The monthly pension distribution process will begin on Monday, November 3, after which the beneficiaries will be able to receive their pensions.