Employers ask EOBI to withdraw notices

KARACHI: Employers’ Federation of Pakistan (EFP) President Majyd Aziz has rejected the notices sent by the Employees Old-age Benefits Institution (EOBI) demanding employers to contribute Rs780 per employee per month instead of Rs480.

Earlier, the federation challenged the EOBI’s move in the high courts of Sindh, Balochistan, KP and Islamabad which issued stay orders while the Lahore High Court declared EOBI’s notification as illegal and ultra vires. Despite legal bar the EOBI continues to demand contribution at enhanced rate from companies through its web facilitation system.

Mr Aziz urged the EOBI to immediately withdraw the illegal and unwarranted notices and comply with the legal provision and refrain from misguiding the employers.

Source: Dawn