Right ofAdpersons
A Futuristic Study
Advertising Agencies 140
Active Employees 700
Annual Pension Rs.43200 / person
Total Annual Pension Rs.30.2 Million
2013-14
Advertising Agencies 132
Active Employees 660
Annual Pension Rs.72000 / person
Total Annual Pension Rs.47.5 Million
2014-15
In Pakistan, Employees Oldage Benefits Institution (EOBI) ensures pension for employees of private concerns including advertising agencies. Ad agencies pay 5% monthly wages of employees to EOBI and get registration cards. Nowadays minimum pension is Rs.3600 per month. Keeping in view inflationary trends, it is very difficult to live with the meager pension amount. In fiscal budget 2014-15, federal government has fixed minimum pension to Rs.6000 per month.
Sajid ImtiazExpert Member, CDKNHonorary Member, Pakistan Society of
CriminologyMember, Harvard Business ReviewEOBI: 470-OA-017525Feedback:
More than 25 ad agencies remain suspended throughout the year, therefore, chairman EOBI is requested to conduct thorough research in all sectors of economy for welfare and wellbeing of workers in private sector including print and electronic media.
Top Related