Pension Nomination Form (Pakistan)

A Pension Nomination Form in Pakistan records the details required for the process it supports, providing a clear written account that can be relied on.

The Employees Old-Age Benefits Act 1976 applies to every industry or establishment employing five or more persons, and every employee in such an establishment whose wages do not exceed the ceiling prescribed by the Federal Government is an insured person. Section 22 of the Employees Old-Age Benefits Act 1976 provides for old-age pension payable to an insured person who has attained the age of 60 years (55 years for females) and has completed a minimum of 15 years of insurable employment. Section 24 provides for invalidity pension where an insured person is permanently incapacitated before retirement age. Section 25 provides for survivors' pension payable to the nominated survivors of a deceased insured person.

The nomination mechanism is central to the survivors' pension under Section 25 of the Employees Old-Age Benefits Act 1976. Under EOBI Regulations, an insured person must nominate their spouse, children, or other dependants at the time of EOBI registration and may update the nomination at any time during service. The nomination determines who receives the survivors' pension on the insured person's death — typically the spouse receives the widow's/widower's pension, and dependent children receive orphan's allowance under the EOBI benefit structure.

In addition to EOBI benefits, employees in government service and autonomous bodies are covered by the Civil Servants Act 1973, the Civil Servants (Appointment, Promotion and Transfer) Rules 1973, and the Pension-cum-Gratuity Scheme for federal civil servants administered by the Establishment Division and the Finance Division. Government employees must nominate beneficiaries for their pension and commuted pension (gratuity) through the prescribed nomination forms filed with their department's administrative section. Provincial government employees are covered by corresponding provincial civil servants acts and pension rules.

For private sector establishments, the West Pakistan Industrial and Commercial Establishments (Special Provisions) Ordinance 1969 (Ordinance No. I of 1969) governs gratuity — a lump-sum payment of 30 days' wages for each completed year of continuous service payable to the employee or, in case of death, to the legal heirs of the deceased employee. The nomination form for gratuity purposes identifies the legal heirs to whom gratuity is payable on the employee's death, avoiding disputes among competing claimants before the Labour Court or the civil courts.

The legal framework governing the Pension Nomination Form (Pakistan) in Pakistan draws on several key statutes and regulatory bodies. Under the State Bank of Pakistan (SBP) Act 1956, the SBP regulates banking. The Securities and Exchange Commission of Pakistan (SECP) regulates capital markets under the Securities Act 2015. Section 4 of the Negotiable Instruments Act 1881 governs promissory notes. The Federal Board of Revenue (FBR) administers tax obligations under the Income Tax Ordinance 2001. The Sales Tax Act 1990 governs indirect taxation. Parties executing a Pension Nomination Form (Pakistan) in Pakistan should confirm the document reflects current law, including any amendments enacted since the original drafting date. The Employees Old-Age Benefits Act 1976 sets the foundational requirements.

A Pension Nomination Form in Pakistan is required at several critical stages of an employee's working life and must be updated whenever personal circumstances change.

A Pension Nomination Form is needed when an employee joins a new employer covered by the Employees Old-Age Benefits Act 1976 and is registered with EOBI for the first time. EOBI registration requires the employee to submit a nomination designating the beneficiaries who will receive survivors' pension in case of the employee's death. The EOBI registration form (Form E-1) includes a section for nomination of beneficiaries, and the employer must submit this form to the regional EOBI office within 30 days of the employee's joining date.

A Pension Nomination Form is required when a previously registered EOBI insured person wishes to change their nomination — for example, after marriage (to add a spouse as the primary beneficiary), after the death of a previously nominated beneficiary, after the birth of a child (to add the child as an additional beneficiary), or after divorce (to remove the former spouse from the nomination). Under EOBI Regulations, the insured person may submit a fresh nomination form to EOBI at any time, and the most recent valid nomination supersedes all previous nominations.

A Pension Nomination Form is needed for federal and provincial government employees who must file a pension nomination with their department under the applicable civil servants pension rules. New government employees are typically required to file a pension nomination within their first year of service. The nomination must identify the family members — spouse, children, and parents — who will receive the family pension under the relevant pension rules if the government servant dies in service.

A Pension Nomination Form is required when an employee enrolled in an employer-maintained provident fund under the Provident Funds Act 1925 needs to nominate beneficiaries for the provident fund balance. The Provident Funds Act 1925 requires every member to file a nomination with the fund trustees identifying the person or persons to whom the accumulated balance should be paid in case of the member's death.

A Pension Nomination Form is needed when an employee approaches retirement age and wishes to confirm or update their nomination to reflect their current family circumstances — confirming that the pension, commuted pension, and gratuity are paid without dispute to the intended beneficiaries after retirement or death.

A valid Pension Nomination Form in Pakistan under the Employees Old-Age Benefits Act 1976 and applicable pension rules must contain the following essential elements to be accepted by EOBI, the employer's HR department, or the relevant government department.

Employee Details: Full legal name of the insured employee exactly as on their CNIC issued by NADRA, the EOBI insured person number (if already registered), the employer's name and EOBI employer registration number, the employee's CNIC number (13-digit format XXXXX-XXXXXXX-X), date of birth, date of joining, current designation, and department or factory name.

Nominee Details: Full legal name of each nominated beneficiary, their relationship to the insured person (spouse, son, daughter, father, mother, brother, sister, or other), their date of birth, their CNIC or B-Form number (for minors, the NADRA B-Form number serves as the identifier), and their residential address. Where multiple nominees are designated, the share of benefit payable to each nominee must be expressed as a percentage totalling 100%.

Guardian for Minor Nominees: Where a nominee is a minor (below 18 years), the nomination must designate a guardian who will receive the benefit on behalf of the minor until the minor attains majority. The guardian's full name, CNIC number, relationship to the minor, and address must be stated. The designation of a guardian is required under the EOBI Regulations to prevent administrative delays in releasing survivors' pension to minor children.

Type of Benefit Covered: The nomination form must specify which benefits are covered — EOBI survivors' pension under Section 25 of the Employees Old-Age Benefits Act 1976, EOBI old-age grant under Section 26, employer gratuity under the West Pakistan Industrial and Commercial Establishments (Special Provisions) Ordinance 1969, provident fund balance under the Provident Funds Act 1925, or civil service family pension under applicable pension rules. Different benefits may require separate nomination forms.

Declaration and Signature: The insured employee must sign the nomination form in the presence of two witnesses who are not nominees. The witnesses must provide their full names, CNIC numbers, and signatures. The employer's HR representative or the EOBI registration officer must countersign and stamp the form to confirm receipt and entry in the EOBI register.

Revocation and Update Mechanism: The nomination form should acknowledge that the nomination may be revoked or updated by the insured person at any time by submitting a fresh nomination form to EOBI and the employer, and that the latest nomination on file at the time of the insured person's death is the valid nomination. The date of the current nomination must be stated to establish priority over earlier nominations.

Forms-legal.com provides this Pension Nomination Form (Pakistan) template as a practical starting point compliant with the Employees Old-Age Benefits Act 1976, the EOBI Regulations, the Provident Funds Act 1925, and applicable civil servants pension rules. Employees with complex family circumstances — particularly those with children from multiple marriages, foreign-resident nominees, or nominees who are themselves disabled — should seek guidance from their HR department or a legal advisor before filing the nomination.

Additional compliance elements for a Pension Nomination Form (Pakistan) used in Pakistan include: Under the State Bank of Pakistan (SBP) Act 1956, the SBP regulates banking. The Securities and Exchange Commission of Pakistan (SECP) regulates capital markets under the Securities Act 2015. Section 4 of the Negotiable Instruments Act 1881 governs promissory notes. The Federal Board of Revenue (FBR) administers tax obligations under the Income Tax Ordinance 2001. The Sales Tax Act 1990 governs indirect taxation. Forms-legal.com provides this template as a starting point for Pakistan-compliant documentation.