The number of registrations in the Universal Pension Scheme crossed the 100,000 milestone on Monday in over eight months.
The National Pension Authority (NPA) confirmed this to the media on Monday.
Around Tk52 crores have been deposited in government funds through participation in four schemes.
For the first time in its history, Bangladesh on August 17, 2023, entered the era of a much-hyped uniform pension scheme. The initiative is meant for the entire population of the country aged above 18, who will start enjoying lifetime pension facilities upon turning age at 60 years old.
Prime Minister Sheikh Hasina inaugurated the universal pension scheme.
Primarily, the Universal Pension Scheme started its journey with four schemes: Probash, Progoti, Surakka, and Samata, according to a press release of the NPA.
Among these schemes is “Probash” for Expatriate Bangladeshi Citizens. Any Bangladeshi citizen working or staying abroad can participate in this scheme by paying the prescribed rate of contribution in foreign currency.
In the first month after the inauguration, 12,889 people became subscribers in four schemes.
But later this number decreased slightly and increased from 1,000 to 1,500 for five months.
However, from the sixth month, the growth of the subscriber increased.