Citizen Investment Trust (CIT) has announced to give
additional 1 per cent return to the participants of its Employee Saving Growth
Retirement Fund programme.
It said in a statement on Tuesday that additional
return on the savings was announced as per the provision of Retirement Fund
Operation Precdure. Information Officer of CIT Uddab Silwal stated that about
Rs. 1.03 billion will be distributed to the participants of the Retirement
Fund.
“The Fund has hopes that this new facility would
give some relief to the members of the fund,” it said.
The additional money is deposited to the accounts of
the beneficiaries.
CIT said that it had adopted a policy to continue
additional return on top of the interest in the savings.
It also stated that additional benefits would be
provided to the other programmes as well.
Published in The Rising Nepal daily on 30 June 2021.
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