Publish: 17:28, 29 Jun, 2025

Over 3.73 lakh citizens enrolled in Universal Pension Scheme as outreach expands

Online Desk
Over 3.73 lakh citizens enrolled in Universal Pension Scheme as outreach expands

A total of 3,73,312 citizens have so far enrolled in Bangladesh’s Universal Pension Scheme, according to a government statement issued on Sunday. The initiative, launched to ensure financial security for individuals aged 18 and above, is expanding through targeted awareness campaigns and improved access at the grassroots level.

To encourage broader participation, the Finance Department has issued a circular authorizing government budget allocations to cover registration costs through Union Digital Centers (UDCs). The move aims to ease the process for citizens, especially in rural areas, and incentivize UDCs to support the enrollment drive.

Meanwhile, the National Pension Authority (NPA) has begun organizing pension fairs and workshops across division, district, and upazila levels. These events focus on educating the public about the benefits of pension savings and simplifying the registration process.

To improve payment convenience, the NPA has signed MoUs with 12 banks, and mobile financial services bKash and Nagad, allowing subscribers to pay monthly installments easily. Talks are ongoing to finalize agreements with 10 additional banks, enhancing flexibility and financial inclusion.

The government also announced plans to introduce new customer-friendly features to the pension scheme, aiming to further streamline user experience and boost engagement.

Authorities say these steps reflect the state's commitment to building a comprehensive and inclusive pension framework that supports long-term financial wellbeing for all citizens.

Bd-pratidin English/ Jisan

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