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Non government teachers contribute six percent of their salaries to the trust for a retirement fund that will be available to them after retirement and with additional funding from the government of Bangladesh. In April 2019, the government increased it to ten percent which was protested by the Bangladesh Shikkhak Union, a teachers union. [8 ...
Bangladesh National Portal is a national portal of the People's Republic of Bangladesh under Access to Information programme [1] run by the Prime Minister's Office of Bangladesh. [2] The information portal aims to provide information about all national unions, upazilas, districts and divisions of the country. It was launched on 7 March 2015 as ...
Bangladesh Shikkhak Union, a teachers union, protested the government order to increase the contribution to the pension fund from six percent of their salary to ten percent in 2019. [4] This move was protested by another union of teachers called National Front of Teachers and Employees when it was first proposed in 2017. [ 5 ]
According to Yawar Saeed, a fund management expert, it is a good initiative if the government cannot use pension money arbitrarily without accountability. [12] On 18 August 2023, Mirza Fakhrul Islam Alamgir , the Secretary General of the Bangladesh Nationalist Party , alleged that the government wants to embezzle people's money and hold the ...
The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
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The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per centum (3%) of the total earnings including Wages, salary or fees, Cost of living allowance, special living allowance and other similar allowances, Payment in respect of holidays, The cost value of cooked or uncooked food provided by the employer to employees, Meal allowance and Any ...
Central Fund (Bengali: কেন্দ্রীয় তহবিল) is a Bangladesh government fund under the Ministry of Labour and Employment that is responsible for providing financial support to workers. The fund is chaired by the minister of labour and employment.