Pension - An Introduction

According to conservative estimates, there are around four (04) million Overseas Pakistanis all over the world. Majority of them, especially those working in the Middle East, belong to informal sector and do not enjoy any social security cover either in the country of employment or at home. The need for such a cover is greatly felt in old age or serious disability or at death of a wage earner and because of the following:

1. Uncertain period of stay abroad
2. Unstable level of income
   
3. Advancing age and declining health
   
4. No worthwhile investments back home
   
5. Lack of expertise and insufficient funds for starting business on return to Pakistan
   
6. Non availability of suitable jobs back home
   
7. Declining rate of return on National Saving Schemes

In order to meet this need, OPF launched a Pension Scheme for Overseas Pakistanis. The scheme is managed by the Overseas Pakistanis Pension Trust (Regd.), a subsidiary of Overseas Pakistanis Foundation, Ministry of Overseas Pakistanis, Government of Pakistan.

Visit Overseas Pakistanis Pension Trust for more information.

Abdul Ali Asad Khan

Executive Director
 OPF Head Office,
Shahrah-e-Jamhuriat, G-5/2, Islamabad
Ph: 051 - 9206687
Fax: 051 - 9219136

Email: asad@opf.org.pk, ed@oppt.org.pk