Staff correspondent:

The government has started investing the money collected in the public pension fund. On Sunday, initially 11 crore 31 lakh rupees have been invested in 10-year treasury bonds.
Finance Minister AHM Mustafa Kamal inaugurated this investment program in a press conference held at the Secretariat on Sunday. At this time, National Pension Authority Chairman Kabirul Izdani Khan officially handed over the treasury bonds purchased for the investment of the public pension fund to the Finance Minister.
Secretary of Finance Department at the press conference. Md. Khairuzzaman Majumdar, Member Additional Secretary of National Pension Authority. Golam Mustafa and others were present.
It was informed in the press conference that about 15 thousand people have contributed to the public pension fund so far. So far, the amount of money they have deposited is 12 crore 45 lakhs. Today, 11 crore 31 lakh rupees worth of 10-year treasury bonds were purchased and invested from the deposited money.
The finance minister said that the money deposited by all the participants in the pension scheme will be deposited as a ‘universal pension fund’. This money will be invested by the National Pension Authority in safer and less risky sources. He said that treasury bonds will be given priority in terms of investment.
Stating that depositing money in the National Pension Scheme is safe, he said, “I think it will meet most of the needs of the people of the country and everyone will benefit.” Referring to the amount of South Korea’s national pension fund of 700 to 800 billion US dollars, he expressed hope that a strong pension fund will be developed in Bangladesh in the future.
The secretary of the finance department said on the occasion. Khairuzzaman Majumder said that launching the National Pension Scheme was the election promise of the government. The government has set up the National Pension Authority as per that promise and Prime Minister Sheikh Hasina inaugurated the pension scheme last August. He said that the money being deposited in the pension fund is fully protected and safe and this money is being invested in profitable sectors.
Stating that it is safe to participate in the pension scheme, the secretary also said that many times confusion is spread about the investment of pension fund money. There is nothing to be confused about it, it is completely safe and secure. He sought the cooperation of the media to inform the countrymen with correct information on this matter.
In response to a question from journalists. Golam Mustafa said, the money deposited in the public pension fund is being invested in the rules. It is in the final stage. Investment regulations will be issued soon. He said that the profit rate of the 10-year treasury bond which was initially bought with Tk 11 crore 31 lakh is 10.50 percent. It exceeded our expectations.

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