EoBI has Introduced Online System for Payment of Pension Contributions by Employers |
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| Reform ID | E036 | ||
| Reform Description | EoBI Introduced Online System for Pension Contributions by Employers
Before: It was budensome for businesses to pay contributions manually each month. After: After introduction of Online payment facility by EOBI, Businesses can conveniently pay their contributions online. |
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| Sector | Employers/Businesses across all Sectors | ||
| Beneficiaries | Employers who pay pension contributions to EoBI. | ||
| Jurisdiction/Location | All over Pakistan | ||
| Department | EoBI | ||
| Date of Implementation | 13-12-2018 | ||
| Details | Difficulty | ● Employers were paying pension contributions to EoBI manually, resulting in more time and hassle. | |
| Analysis | ● On study of global best practices, it was decided to introduce an online system for payments of contributions so as to save time and cost of businesses. | ||
| Solution | ● An online system for payment of pension contributions has been introduced by EoBI which will facilitate the payment of contributions by employers. | ||
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