Hello, I am Pranshu Khurana an International Medical Graduate from China, currently working as a Clinical Fellow in Paediatrics in London. We've Moved! 🚀
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The ehsaas program 25000 bisp provides financial aid to low-income families in Pakistan. Through the Benazir Income Support Program (BISP), eligible households receive Rs. 25,000 to alleviate poverty and support their basic needs.
The EOBI (Employees' Old-Age Benefits Institution) eobi login portal allows registered employees in Pakistan to access their pension accounts, check contributions, and manage their retirement benefits online.
This is a fantastic breakdown of the NHS Pension Scheme, Pranshu. As a fellow doctor originally from Pakistan, it was interesting to see the similarities and differences between the NHS scheme and our EOBI system.
Similar to NHS pensions, EOBI is a defined benefit scheme with mandatory contributions from both employees and employers. However, the contribution rates and benefits are quite different. EOBI offers a much lower minimum pension amount compared to NHS pensions.
One key advantage of the NHS scheme, as you mentioned, is the tax benefit on contributions. This is something the EOBI system currently lacks.
For doctors like ourselves who might be considering working in both the UK and Pakistan at different points in our careers, understanding…
Great Post on NHS Pensions, Pranshu! Interesting Comparison to Pakistan's EOBI
This is a fantastic breakdown of the NHS Pension Scheme, Pranshu. As a fellow doctor originally from Pakistan, it was interesting to see the similarities and differences between the NHS scheme and our EOBI system.
Similar to NHS pensions, EOBI is a defined benefit scheme with mandatory contributions from both employees and employers. However, the contribution rates and benefits are quite different. EOBI offers a much lower minimum pension amount compared to NHS pensions.
One key advantage of the NHS scheme, as you mentioned, is the tax benefit on contributions. This is something the EOBI system currently lacks.
For doctors like ourselves who might be considering working in both the UK and Pakistan at some point, understanding both pension schemes…
Would it be beneficial for me to opt in for NHS pension if I am going to stay in the UK only for 1-2 years? Would I be able to withdraw this pension later on in life (after retirement age) without paying taxes?