The National Pension Authority on Sunday decided to defer inclusion of newly recruits of the state-owned autonomous and semi-autonomous bodies by one year amid work abstention by the university teachers.聽聽聽聽聽聽
The new recruits of the state-owned autonomous and semi-autonomous bodies will come under the mandatory pension instrument Prattay from July 2025 instead of earlier deadline of July 1, 2024.
On Sunday the new decision was circulated through issuance of a press release by the pension authority against the backdrop of work abstention by public university teachers.
The teachers of public universities across the country have been demanding cancellation of the order for inclusion of the staff of the state-owned autonomous and semi-autonomous bodies in the new pension scheme condemning the move as discriminatory.
In the press release the pension authority said that the newly recruited staff of the state-owned autonomous and semi-autonomous bodies would come under the pension scheme from July 2025 as the newly appointed public officials would do the same.
Earlier, finance minister Abul Hassan Mahmood Ali, while announcing the national budget in the parliament on June 6, said that all newly appointed public officials would be brought under the Universal Pension Scheme from July 1, 2025.
He also said that the government was bearing the operating expenditures of the pension authority and the profit earned by its fund was expected to be distributed among the pension policy holders.
In August 2023, the new pension scheme was introduced aiming at moving towards the contributory pension policy from the non-contributory one to offset the growing burden of pension allocations on the national budget.
Within a period of just 11 years, the allocations for pension and gratuity benefits in the national budget more than tripled鈥攆or FY25 Tk 39,419 crore has been projected that was Tk 11,913 crore in FY14鈥攎ounting pressure on fiscal management by the Finance Division.
