Which body manages private sector old-age pensions?
ANational Savings Schemes
BEmployees Old-Age Benefits Institution
CState Bank of Pakistan
DBenazir Income Support Programme
Explanation
– It is commonly known by the acronym EOBI.
– It provides pensions to registered private sector workers.
– It is funded through employer and employee contributions.
Exam Relevance
- Topic: Economy
- Subtopic: Social Welfare
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