 अर ये मनिस्ट्री अप अवर्सीज पाखिस्टानीज अन हुमर इस्ट्रोस द्वल्पन्ट के तहात आता है और it was created in 1976 by these students through the passage of the Employees Old Age Benefits Institution Act of 1976 by the Parliament of Pakistan. EOBI operates on the partially funded basis. इस में जो insured परसन होता है, वो contribute करता है, employer contribute करता है, और during the insurable employment ये activity जारी रत्ती है. Employers are supposed to pay 5% of the minimum wages prescribed by the government while employees are supposed to pay 1% of the minimum wages. So, my dear students, this contribution constitutes half of the total contribution while remaining half comes from the government of Pakistan. Government of Pakistan, my dear students, contributed to this scheme till 1995 but withdrew thereafter. My dear students, the contribution that comes from the employers, the employees, the government and the EOBI, they invest in profitable projects so that they can create income so that the insured employees who have completed their job can give them pensions. My dear students, when the insured person is 60 years old, then it becomes eligible to give him a pension. And the insurable service of 15 years is required in this scheme. Now, let's discuss what is old age pension. This pension is provided in an event of retirement, my dear students. The second pension is the survivor pension. Survivor pensions are given to the successors of the people who have passed away. And nominees are given to the insured persons. Because Islamic teachings are also that old parents or young widows are involved in survivor pension programmes which EOBI has developed and according to Islamic law. My dear students, as per EOBI rules, parents of the unmarried employee gets pension for 5 years in case of employee's death. If an employee dies after 36 months of EOBI insurable service, his widow gets the survivor's pension for the entire life, my dear students. Dear students, children of the deceased insured individuals are eligible to get the EOBI survivor pension even if the widow of the insured employees gets remarried, given the stepfather of the children may not take the financial responsibility of the children. This is survivor's pension. Now let's move on to discuss what is invalidity pension. This pension is provided in case of disability of the insured persons, my dear students. EOBI also gives old age grants. Old age grants are given at the age of superannuation. My dear students, minimum pension is Rs.6,500. And average income distributed by the pension scheme is very low which grew from Rs.888 to Rs.1000 per month in a year 2006 and 2007. Today, the challenge of EOBI is low contribution. Funds are not much. It is estimated that the fund will be completely exhausted by 2035. So, the issue of sustainable economic viability is very high. In this issue, the structure of administrative reforms is being presented so that administrative expense decreases so that it can come to the status of sustainable economic viability. Hope you have understood the topic. Thank you very much indeed.