Universal Pension Scheme to continue unchanged: FinMin

Finance Adviser Dr Salehuddin Ahmed

The Ministry of Finance has decided that the Universal Pension Scheme will continue without any modifications.

The decision was confirmed during a board meeting held at the ministry on Monday, in the attendance of Finance Adviser Dr Salehuddin Ahmed.

During the meeting, officials noted that over 3.72 lakh individuals have registered under the Universal Pension Scheme, contributing a total of Tk131 crore pension fund. Of this amount, approximately Tk125 crore has been invested in government treasury bonds. The profits from these investments, calculated up to 30 June of this year, will be distributed among the beneficiaries this month.

Beneficiaries can view their deposits and earned profits by accessing their accounts, though withdrawals remain restricted under the scheme.

The Universal Pension Scheme, introduced on 17 August last year, aims to provide a well-organised social security system. It initially launched with four key schemes—Probash, Progoti, Surakkha, and Samata—targeting different segments of the population.