It operates under the control of Ministry of Overseas Pakistanis and Human Resource Development.
[1] It came into formation in 1976, through the passage of the Employees' Old-Age Benefits Institution Act of 1976 by the Parliament of Pakistan.
[2] Naheed Shah Durrani is the chairperson of Employee's Old-Age Benefits Institution.
In addition to the contribution from employers, employees and government, EOBI invests in profitable projects to generate income for providing pension.
[4] Average income distributed by the pension scheme is very low which grew from ₨ 888/- to ₨ 1000/- per month in year 2006-07.
It is estimated that the current contributions and return from investment will not be sufficient to cover the benefit payment and administrative expenses by 2024.