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Public Pension Reporting and Disclosure

Last modified: December 17, 2021
Estimated reading time: 1 min
Project Title: Public Pension Reporting and Disclosure
Author: Ms. Shreesha regmi
Advisor: Miss Thanyachanok Onkong
Degree: Bachelor of Business Administration (International Program)
Major: Finance and Banking
Faculty: Business Administration
Semester / Academic year: 2/2020

Citation

Shreesha regmi. (2020). Public pension reporting and disclosure. (Cooperative Education). Bangkok: Siam University.


Abstract

cooperative report entitled public pension reporting and disclosure has the goals to study how government banks handle the distribution of pension fund and how pension fund varies from each other. Objectives of the study include: (1) to study the different type of pension funds and distribution time, (2) to combine my theoretical knowledge with my day to day work, (3) to observe policies and regulation in financial sector, (4) to learn the alignment of government banking system with pension, (5) to gain experience on how different credit departments in the bank function.

The bank is situated inside the Balaju Industrial Sector in Balaju with its head office located in Dharmapath near Newroad. I was assigned to work in different departments starting with customer service desk and later in loan department during the period 8th August till 25th November, 2020. Main responsibilities were before to print and approve checks, inquiry of customer balance, renew pension funds, open new accounts, activate KYC i.e know your customer forms to activate existing accounts, open mobile banking system as well as assign visa card using intranet system and PUMORI. Later when I was assigned to the loan department I was assigned to make all necessary documents required to process a loan and also gain prior knowledge about insurance on properties required for loan. I also did AML which stands for anti-money laundering. It was also understood that the theories learnt in classroom do not always get implied as it states. The practical environment is subject to other external factors as well while complementing the theories. Upon the completion of the internship, it is found that the problem was resolved by means of self-learning and understanding the core of the problem and then via the guidance of supervisors, solving them. In this matter, I am able to learn more about social and communication skills and work ethics which are very important for future career development and profession.

Keywords: Banking, Operational, Finance.


Public Pension Reporting and Disclosure

Faculty of Business Administration, Siam University, Bangkok, Thailand