EOBI App is designed to facilitate access to social insurance benefits under the EOB Act 1976. This app ensures that insured individuals and their survivors can easily avail themselves of various old-age benefits, aligning with the act's mission to provide financial security during retirement, permanent disability, or in cases of bereavement. It simplifies processes and empowers users to stay informed about their entitlements.
Comprehensive Benefits for Insured Individuals
Through the EOBI App, insured persons can access old-age pensions upon retirement, invalidity pensions in case of permanent disability, and old-age grants if the minimum pension threshold is unmet at retirement age. It also supports survivors by offering pensions in the event of the insured person's passing. These features ensure the financial well-being of individuals and their dependents.
User-Focused Contribution System
Employers in applicable industrial and commercial organizations contribute 5% of minimum wages, while employees contribute 1%. This self-sustained system operates independently of government funding, ensuring reliable support for participants.
EOBI App brings efficiency and accessibility to social insurance, promoting seamless management of benefits for insured individuals.
Requirements (Latest version)
- Android 5.1 or higher required
Comments
There are no opinions about EOBI App yet. Be the first! Comment