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How is the provident fund benefited to employee?

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Question added by Fazlul Hoque , Assistant Director , DoF,GoB
Date Posted: 2013/08/28
Fazlul Hoque
by Fazlul Hoque , Assistant Director , DoF,GoB

Provident fund benefited to the employee by the following ways:

 a)      As provident fund deposited in employees own and safe account, so it is safe money for future of the employee and family members.

b)      Employee can get occasional loan from provident fund when necessary.

c)      Provident fund benefited employee at emergency situations.

d)      Provident fund benefited employee after retirement allowing a vast amount of money at a time.

e)      Provident fund benefited employee with its profit money if authority properly invest the provident fund at the right time.

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