Sunday, June 8, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Unclaimed government employee PF amounting to more than Nu 48 M with NPPF

August 5, 2020
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

The National Pension and Provident Fund (NPPF) has unclaimed government employees provident fund amounting to more than Nu 48 M. The funds as per the Annual Audit Report 2019 has remained unclaimed for many years.

This amount has been added to total unresolved irregularities summing up to more than Nu 54 M in the Report.

The audit for the NPPF was conducted as a compliance audit for the period covering 1st July 2015 to 30th June 2018. At the time of the audit, the Royal Audit Authority (RAA) found out that more than Nu 48 M government employee provident funds were lying in their books of accounts. Although the authority does not have the number of people who didn’t claim their PF, it was known that beneficiaries were either expired, did not possess required documents for releasing the payments or were not traceable.

“One of the main reasons was they couldn’t trace the beneficiaries. So we asked what action the NPPF took. When we enquired and asked for evidence, we found that at that point of time when we were auditing, they do not have anything to prove, saying that they have initiatives and actions. For that matter, they have to remind and follow up with the beneficiaries, informing that they have this many unclaimed government funds in our account,” said Chimi Dorji, the Deputy Auditor-General at the RAA.

He added that although the amount is still with the agency, it is their responsibilities to follow up on finding beneficiaries and providing them with the continuous service.

“So this, in essence, is not irregularities but we are reminding them they have this amount in their books of accounts but because they are not able to trace people, they are not able to pay this, so this is not huge irregularities but since it has remained unresolved during that period, we were developing and finalising AAR, so we have included in the unresolved irregularities,” he added.

As per the response from NPPF to the RAA, it was stated that their studies found out many members had either absconded, died or had moved to another agency and had been issued new NPPF number. The challenge in resolving the issue was mainly because of the unavailability of citizenship Identity card number information.

They said the issue will be presented to the National Pension Board for decision and the pension and provident fund division shall implement the board decision accordingly. As per the NPPF, the issue will further be discussed in Public Accounts Committee meeting.

Samten Dolkar

Previous Post

After more than a year, POL service resumes at Autsho in Lhuentse

Next Post

Sharp rise in people seeking mental health services at the JDWNRH

Next Post
Sharp rise in people seeking mental health services at the JDWNRH

Sharp rise in people seeking mental health services at the JDWNRH

Bumthang DT temporarily suspends issuance of permits for construction of small industries

Bumthang DT temporarily suspends issuance of permits for construction of small industries

Education in the New Normal

Education in the New Normal

Please login to join discussion

RECOMMENDED NEWS

Providing uninterrupted services during times of disaster- BT

6 years ago
1

Keeping age old tradition alive

13 years ago
3
RCSC to conduct leadership assessment for interested P1M positions to be considered for Executive position 

RCSC to conduct leadership assessment for interested P1M positions to be considered for Executive position 

3 years ago
5
Tsirang serious on plastic ban

Tsirang serious on plastic ban

6 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (279)
  • Education (413)
  • Entertainment (13)
  • Environment (61)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (11)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,576)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (517)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • New ICP at Samdrup Jongkhar yet to begin, residents urge Government to expedite project
  • ESP makes strong early gains: MoICE Minister
  • Phuentshogling Thromde installs reverse vending machine to promote recycling
  • Fixed deposit interest to be taxed at 10% under proposed Income Tax Bill
  • Yonphula Specialised Rehabilitation School to open next month

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.