The finance minister has announced that the government will be adopting a public pension plan similar to developed countries during his 2017 – 2018 fiscal year budget speech. An outline of the public pension plan will be provided in the 2018 – 2019 fiscal year budget. So we want to ensure that besides the public employees, everyone else can enjoy the public pension fund. Our primary goal is to transform Bangladesh into a welfare state.”There will be an instruction accompanying the new fiscal year budget which will outline the public pension plan. How the public pension fund will operateBoth employers and employees will be contributing to the pension funds.

Source: Dhaka Tribune May 06, 2018 11:26 UTC