Bangladesh : Improving the Administration of Civil Service Pensions
As part of a deepening engagement with the Government of Bangladesh (GoB) on the broader pensions agenda, this note analyzes and makes recommendations concerning the administration of civil service pensions. The national social security strategy (N...
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| Format: | Policy Note |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/507361539107127710/Bangladesh-Improving-the-administration-of-civil-service-pensions http://hdl.handle.net/10986/30628 |
| Summary: | As part of a deepening engagement with
the Government of Bangladesh (GoB) on the broader pensions
agenda, this note analyzes and makes recommendations
concerning the administration of civil service pensions. The
national social security strategy (NSSS), was launched in
2015 and presented a comprehensive pension reform program
towards a universal participatory pension system that is
fully funded, covering the elderly and destitute, private
sector salaried and informal workers, and public-sector
employees. As requested by the GoB, this note supports
efforts on this broader agenda with a focused review of the
existing administration of civil service pensions,
highlighting key areas for improvement. The study looks at
the current civil service pension systems and processes,
reviewing the use of information technology to transit
employees from the payroll to the pension database and
assessing the control environment for accounting, payment,
and reporting of civil service pensions. Each section
highlights key challenges and makes recommendations aimed at
strengthening the system. Section one gives introduction.
Section two considers civil service pension coverage,
budgeting, and administrative arrangements. Section three is
focused on improving processing and payment procedures.
Section four considers measures to strengthen accounting and
monitoring of civil service pensions, and section five concludes. |
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