Contributions
 
 

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A contribution equal to 5% of minimum  wages has to be paid by the Employers of all the Industrial and Commercial Organizations where EOB act is applicable. Contribution equal to 1% of minimum wages by the employees of said Organizations.

RATES:

1- Employer's Contribution @ 5 % of the worker's minimum  wages (i.e. Rs. 8000)       Rs. 400/= Per Month

2- Employee's Contribution @ 1 % of the worker's minimum  wages (i.e. Rs.8000)      Rs. 80/=   Per Month

Total Contribution per Employee    Rs. 400 +80   =  Rs. 480/= Per Month

PROCEDURE OF COLLECTION:

Arrangement with authorized branches of National Bank of Pakistan Limited


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