ROME: An Italian man hid the body of his father for two years in a walled-up cubbyhole in his house nearRomein order to pocket his pension payment, Italian media reported on Friday. Police in the town ofSubiaconearRomearrested a 44-year-old man on Friday who allegedly hid the body of his dead ...

LAHORE - FIdA HUSSNAIN - The Punjab Ombudsman directed on Tuesday Finance Department to raise 50 percent pension for those pensioners crossing 75 years of their age, perusing order of the Supreme Court and Lahore High Court Lahore.  Punjab Ombudsman Javed Mehmood announced this order after ...

ISLAMABAD -  National Database & Registration Authority (NADRA) in collaboration with Employees Old Age Benefit Institute (EOBI) has launched ‘Pension Disbursement Project’ on the directives of the President of Pakistan for all the pensioners enrolled with the institute.Pension ...

LAHORE – Ombudsman Punjab Javed Mahmood on Thursday directed Finance Department to review and obtain Chief Minister’s approval to increase the meagre amount of Rs3000 per month minimum pension in order to fulfil the promise made to the elderly and hapless retired government employees ...

The Supreme Court on Friday observed that personal interests of a few had destroyed the system of Pakistan Railways. A three-member bench of the Supreme Court headed by Chief Justice of Pakistan Iftikhar Mohammad Chaudhry heard a suo motu case regarding delayed payment of dues to the pensioners of ...

An elderly pensioner of Pakistan Railways (PR) lost his life while waiting outside a bank branch whole night for his turn to get his pension. Mahmood Khan, a retired railway employee had been standing in a long queue since Tuesday to get his pension for September outside the National Bank's ...

ISLAMABAD (APP): During the tenure of the present government Employees Old Age Benefit Institution (EOBI) benefits package for its registered employees, has been improved and currently it is paying Rs. 830 million every month to over 300,000 pensioners. Chairman EOBI Zafar Iqbal Gondal said this ...

LAHORE Justice Sheikh Azmat Saeed of the Lahore High Court on Wednesday seeks reply from the federal government by June 30 on a plea moved by former president Muhammad Rafiq Tarar against former military President Pervez Musharraf. The court further directed the govt to produce complete ...

ISLAMABAD - Chief Justice Iftikhar Muhammad Chaudhry on Friday ordered the Punjab Government to raise pension of the Punjab government employees' widows from 50 to 75 per cent. A three-member bench compromising Chief Justice Iftikhar Mohammad Chaudhary, Justice Mohammad Sair Ali and Justice Ghulam ...

LAHORE-Mr Justice Hafiz Tariq Nasim of Lahore High Court (LHC) has set aside the dismissal order of an Army major and restored his retirement order after he showed disinterest in reinstatement, directing Defence Ministry to release his pensionary emoluments. The petitioner Major (Retd) Tahir ...

KARACHI - The size of private pension funds industry reached Rs778.4 million during FY08 on account of tax incentives on funds investment by fund managers. Since the pension funds saving scheme became operational (FY08), asset composition of the funds shows that around 96 per cent of total assets ...

KARACHI The JS Investments Limited, JSIL (formerly JS ABAMCO Limited), has announced the launch of JS Islamic Pension Savings Fund (JS IPSF), which is the second Pension Fund to be launched by the company. Through JS Islamic Pension Savings Fund investors will be able to receive a lump sum tax ...

Three former Nepalese Gurkhas challenged the British government's pensions policy, which they said had left them struggling to survive, in the High Court in London. Their case relates to an offer made by the British defence ministry in March 2007 to transfer pensions' benefits from the existing ...