Bangladesh National Budget 2019-20: Govt plans pension scheme for all
05:03 PM, June 13, 2019 / LAST MODIFIED: 05:32 PM, June 13, 2019

Govt plans pension scheme for all

The budget for fiscal 2019-20 includes plan for pension for all.

Pension for all employed citizens in both formal and informal sectors will be ensured gradually, says the budget proposal placed at parliament today.

For all latest news, follow The Daily Star's Google News channel.

A “Universal Pension Authority” will be formed soon for introducing pension for everyone including all employed citizens, the budget plan also said.

The government is also planning to bring all pensioners under its pension payment process--Electronic Fund Transfer (EFT).

Currently, 27,000 pensioners are recipients of EFT pension scheme. By next fiscal, this EFT process will be widened to cover all pensioners.

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Type START <space> BR and send SMS it to 22222

Type START <space> BR and send SMS it to 2222

Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News