The interim government plans to strengthen the universal pension scheme (UPS) with the aim of bringing people from all walks of life under a sustainable social security framework.
The universal pension would be out of reach of the extremely poor, such as day labourers, due to their inability to make contributions.
The scheme is not 'universal' as it does not encompass government officials.
The goal of the universal pension scheme is to bring all the citizens of Bangladesh under its coverage.
Why should we feel embarrassed for wanting a secure financial future?
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Of the total deposits of Tk 86.68 crore, Tk 62 crore has been invested at treasury bonds
All government officials who will be recruited after July 1 next year will be incorporated in the universal pension scheme
Through this, KSRM has become the first industrial group in the country to bring its officers and employees under the pension scheme, said a press release of the company on Sunday.
The number of registrations in the Universal Pension Scheme has crossed the one lakh milestone today, said the National Pension Authority (NPA)
Bangladesh Bank has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme.
BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme
State-run Jiban Bima Corporation (JBC) has stopped selling its popular yet unprofitable private pension insurance policy since December 1, months after the government rolled out the Universal Pension Scheme.
The beneficiaries of the universal pension scheme (UPS) will get tax waiver facilities on their investment and profits.
The beneficiaries of universal pension scheme will not have to pay any income tax on their monthly instalments and profits coming from the scheme.
Can borrow 50% of the money deposited as subscription fee
The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.
The Bangladesh Bank says in a circular