From now on, the teachers and employees under MPO will get the welfare trust money in a faster time. The Private Teacher-Employee Welfare Trust Authority has decided to send electronic fund transfer (EFT) through iBAS++ to PL account under the supervision of Bangladesh Bank.
The decision was taken in the fourth meeting of the 11th board of the organization at the conference room of BANBEIS.
It is known that in the existing system, the subscription money collected from the private teachers-employees was transferred from the government treasury to the accounts of DSHE, Madrasa and Technical Director Generals and then transferred to the bank account of Kalyan Trust. Later, welfare funds were sent to the respective bank accounts of the retired teachers-employees from the designated bank of the welfare trust through EFT.
