The Ministry of Labour and Human Resources would like to notify all the enterprises in the Private Sector that an employee is entitled to Provident Fund and to Gratuity upon retirement from the service.
It has been observed that many firms have not participated in the above schemes despite our previous notifications. Therefore, all employers in the Private Sector are requested to participate in Provident Fund Schemes with either RICB or BIL.
The Ministry has also observed that many enterprises have left their Provident Fund accounts inactive. They are kindly requested to update their accounts in their respective Provident Fund schemes at the earliest.
Strict monitoring will be conducted and if any firms are found not complying with the above then the provisions of the Labour and Employment Act of Bhutan, 2007 shall apply.
For any further queries please contact the Department of Labour at #333867.
Source: – www.molhr.gov.bt