Monday 20 January 2020 ,
Latest News
5 get death penalty in Laldighi massacre case | Abrar’s Death: Prothom Alo editor gets bail | 10 sentenced to death in CPB bomb blast case | Trial delay in rape cases frustrates victims | Reason for India enacting CAA unclear: PM | SARS-like virus spreads in China, nearly 140 new cases | Billionaires richer than 60 percent of the world's population: Oxfam |
13 June, 2019 06:41:17 PM / LAST MODIFIED: 14 June, 2019 10:15:29 AM

Print

Govt plans pension scheme for all

Independent Online/ BSS
Govt plans pension scheme for all

The government is planning to start pension scheme for all and bring all pensioners under the Electronic Funds Transfer (EFT) system within the fiscal year 2019-20 (FY20).

This was revealed today (Thursday) in the proposed budget placed in the parliament by finance minister AHM Mustafa Kamal.

A ‘Universal Pension Authority’ will be formed soon for gradual introduction of the universal pension for everyone including all employed in formal and informal sectors of the economy, the budget plan said.

“The process of pension payment through EFT has started to reduce the hassle of pensioners in getting their pension. System has been introduced so that pensioners can automatically get their pension in their bank or mobile account without any physical presence in any accounts office or any bank,” the finance minister’s budget speech read.

Payment of pension in pensioner’s bank accounts through EFT has already been made to 27,000 pensioners, the budget speech informed.

“The government pensioners are only a small fraction of the total population in the country,” the budget speech read.

SI

 

.

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 47.3%
No 48.7%
No Comment 4.1%
Video
More Bangladesh Stories
Feb 1 declared public holiday in capital The Election Commission (EC) has directed the Ministry of Public Administration to declare a public holiday in Dhaka city on February 1 on the occasion of the two city corporation elections. In this regard, a directive, signed by…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting