Pensioners to get their pension only through Nepal Bank, Rastriya Banijya Bank

The pensioners from now onwards will get their pension through the government bank account.

Starting the pension through bank accounts initiative organised by the Pension Management Office, here today, chief secretary Lila Mani Poudel handed over the cheque books of the Nepal Bank Ltd and Rastriya Banijya Bank to some pensioners.

Asking the chief executives of both the banks – one partially and another completely government owned ones – to be serious in service delivery. "the employees of the banks represents the government and they should know how to behave to the pensioners," Poudel said, asking the government employees to work seriously and set example while on duty. "So that one can be proud of after retirement, too."
The retired employees' skill and expertise should be utilised by the government, he added.

According to the directives of the pensioners approved a month ago, some 185,000 pensioners will be opened accounts that will attract interest like in the savings accounts. "The new system will help pensioners," said secretary at the Office of the Prime Minister Krishna Hari Baskota, on the occasion. "The pensioners will be deposited their pension by the first week of every month," he said, adding that those who have been receiving their pension through Nepal Rastra Bank, should now open accounts in either

Nepal Bank or Rastriya Banijya Bank. "The government will expand the service to all the 75 districts."
A pensioner has to present before the bank once in six months, but if one is unable due to health conditions, one can get pension at the VDC or municipality's recommendations.