Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Sunday, September 24, 2017 09:32:44 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Muhith favours only 50 percent encashment of pension money

By
12th-Jan-2017       
Comments
Share your thought
Post a comment »
Read all () »

Economic Reporter :
Finance Minister AMA Muhith on Wednesday said the government service holders can encash their pension money by only 50 percent after their retirement, instead of previous 100 percent on their own decision.
"The present government through a gazette notification issued on January 9 and with effect from July 1 this year abolished the provision of withdrawing 100 percent retirement benefit, a wrong decision that bereft the retired officials of enhanced benefits," he told reporters after a meeting at the secretariat here.
Responding to a question on launching pension in the private sector, the minister said the government has undertaken a plan to introduce pension facilities in the private sector but it would take time.
According to a circular issued by the Finance Division of the Ministry of Finance, the government employees can encash 50 percent of their pension money after retirement and rest of the amount can be drawn on monthly installments.
The pensioners will get a five percent increment on their monthly pension amount from July 1, 2017, the circular said.

Tariff
Add Rate

News Archive

Inside The New Nation

Sports »

Members of BKSP team, who became champion in Under-16 two-day long Judo Competition pose for photo with the trophy and guests at the Shaheed Suhrawardy Indoor stadium in Mirpur on Saturday.


Editorial »

India to supply Myanmar arms!


INDIA has shunned its reputation of being democratic, generous and hospitable country. They have decided to strengthen their security along the largely porous eastern border with Bangladesh and is using "chilli and stun grenades" to block the entry of Rohingya Muslims fleeing from violence in their homeland of Myanmar. Border ...

Entertainment »

I am not Varun Dhawan that I can dance with Ileana D'Cruz


Sanjay Dutt is all set to make his comeback on the silver screen with Bhoomi that hits the theatre tomorrow. The film revolves around a father who is seeking revenge from the molesters of his daughter's dignity.With Aditi Rao Hydari playing the role of a daughter to Dutt, the senior ...

City »

BNP Standing Committee Member Dr Khondkar Mosharraf Hossain speaking at a roundtable on 'Judiciary: Future of Rule of Law in Bangladesh' organised by Bangladesh Institute of Politics Studies at the Jatiya Press Club on Saturday.


International »

Russia urges calm as US, North Korea tempers flare


Reuters, United Nations :Russia urged "hot heads" to calm down on Friday as the United States admitted it felt "challenged" by North Korea's warning that it could test a hydrogen bomb over the Pacific and President Donald Trump and Kim Jong Un traded more insults.Trump called the North Korean leader ...

Editorial »

Uttering `strong and swift action` not enough, President Trump should mean business


US PRESIDENT Donald Trump wants the UN Security Council to take "strong and swift action" to end violence against Myanmar's Rohingya Muslims. Speaking at a Security Council meeting on peacekeeping reform, Vice President Mike Pence accused the Myanmar military of responding to attacks on government outposts "with terrible savagery, burning ...

City »

Islami Oikya Jote staged a demonstration in the city`s Palton area on Friday in protest against killing of Rohingya Muslims in Myanmar.


.

Entertainment »

Raai Laxmi in yet another hot, steamy song Mala Seenha


After teasing the audience with the teaser, trailer and title track now the makers of Julie 2 has released yet another hot and steamy song from the movie. With every passing day, Raai Laxmi is soaring the temperature with lots of oomph.  Produced and directed by Deepak Shivdasani and presented ...

International »

Defying Trump, Iran will boost missile capabilities


Reuters, London :Iran will strengthen its missile capabilities and will not seek any country's permission, President Hassan Rouhani said on Friday in a snub to demands from U.S. President Donald Trump.Rouhani was speaking at a military parade where an Iranian news agency said one of the weapons on display was ...

Editorial »

Shortage of food, water and medicine in Rohingya camps makes life difficult


FOLLOWING the influx of some 26,000 pregnant mothers, 40,000 lactating kids, and 2,00,000 children out of an estimated more than 4,00,000 migrated Rohingyas from Myanmar - many are now at high risk due to lack of proper health care, food, water and medicines. When some of the high-ups of the ...

Sports »

Kristie Ahn of the United States returns a shot to Veronica Cepede Royg of Paraguay during their second round match at the Korea Open tennis championships in Seoul, South Korea on Thursday.


City »

From left- former Vice-President of Dhaka University Central Students Union (DUCSU)Sultan Mohammad Monsur Ahmed, , Krishok Sramik Janata League President Bangabir Kader Siddique, Bir Uttam, General Secretary respectively of the Jatiya Samajtantrik Dal Abdul Malek Ratan, Bangladesher Samajtantrik Dal (BaSaD) General Secretary Khalekuzzaman, President of Bikalpa Dhara Bangladesh (BDB) Dr AQM Badruddoza Chowdhury, Gana Forum President Dr Kamal Hossain, Professor Dilara Chowdhury of Jahangirnagar University, former State Minister for Foreign Affairs Ministry Abul Hasan Chowdhury and weekly Robbar Editor Syed Tosharaf Ali spoke at a rally title


Entertainment »

Hera`s one decade in showbiz


Sheikh Arif Bulbon :Popular model cum actress Ruksana Ali Hera has already passed 10 years in media. She was first seen as a still model of Banglalink taken by photographer Iqbal Ahmed. She also started her career as a model in a visual advertisement of mobile company Airtel under the ...

Entertainment »

Nagpada Godmother's grandkids to feature in 'Haseena Parkar'


Shraddha Kapoor will essay the role of dreaded don Dawood Ibrahim's sister Haseena Aapa in Apoorva Lakhia's upcoming film 'Haseena Parkar' and we have learned that the film also features actual grandkids of the real Haseena Parkar, who was referred to as the 'Godmother of Nagpada'.  Confirming the same, director ...

International »

Russian special forces helping Syrian troops in key city


AP, Moscow :Russian special forces are helping Syrian government troops fight Islamic State militants in the battle underway for the strategic city of Deir el-Zour in eastern Syria, the defense ministry in Moscow said on Thursday.The deployment comes amid rising concerns of a direct confrontation on the ground between Russian-backed ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news