New recruitment of public sector banks for enrollment in Universal Pension Scheme

New recruitment of public sector banks for enrollment in Universal Pension Scheme

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Asked whether Bangladesh Bank would come under the ambit of the notification, National Pension Authority member Golam Mustafa said it is an autonomous institution, established by law. Everything has been made clear in the gazette notification without taking the name of any organization. The board of directors of the bank will discuss this issue.

In this regard, central bank spokesperson and executive director, Majboul Haq said that they will now assess the impact of the notification on their new employees.

According to the Finance Division, a handful of institutions, including self-governing, autonomous, state-run and statutory institutions, now provide pension facilities. Employees face financial uncertainty in the post-retirement period as they receive a lump sum gratuity without a monthly pension.

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