What is EOBI?
The Employees Old-Age Benefits Institution (EOBI) is a mandatory social security scheme under the EOBI Act 1976. All organisations with 5 or more employees registered under EOBI are required to contribute a monthly amount based on the statutory minimum wage.
EOBI contribution amounts
In Octal HR, EOBI is deducted as a fixed seeded amount per employee — not as a live percentage of the minimum wage. Two statutory salary components ship pre-configured:
| Party | Monthly amount | Component |
|---|---|---|
| Employee | PKR 370 | EOBI (employee) — a fixed statutory deduction |
| Employer | PKR 1,300 | EOBI (employer) — a fixed statutory employer contribution |
EOBI in Octal HR
EOBI is pre-configured — the employee and employer EOBI components are seeded as statutory salary components, so no separate EOBI setup screen is required.
- The two EOBI components are marked as statutory and are active by default.
- When an employee's salary structure includes the EOBI component, the fixed amount is deducted automatically on each payroll run.
- Because the amounts are seeded flat values, there are no rate or minimum-wage settings to maintain.
EOBI on employee payslips
The employee EOBI deduction (PKR 370) appears as a deduction line on the payslip. The employer portion (PKR 1,300) is an employer cost tracked in the payroll breakdown and is not deducted from the employee's net pay.
EOBI in the statutory report
After payroll is finalised, EOBI appears in the statutory deduction report (Payroll → Reports → Statutory). For the selected payroll run, the report shows the employee EOBI and employer EOBI totals alongside the other statutory figures, so you can reconcile what is payable to EOBI.
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