Universal pension scheme to provide old age protection: PM
We keep our promises. Noting that today is proving it, Prime Minister Sheikh Hasina said that no one should become a burden to the family at the last age; there will be a universal pension scheme to protect them.
She said these things while inaugurating the universal pension program through video conference from Ganabhaban on Thursday (August 17) morning.
When people get old, when they cannot work they fall in disastrous situation. Saying that this pension will be very useful then, Sheikh Hasina said that many times children do not want to look after them when they get old. That will no longer be the case. Those who do not receive old age allowance. They will also get the benefit of this universal pension. And you don't have to eat someone's sympathy to get your hands on someone.
The Prime Minister said that government employees will not get this pension. Because, they get some money at the end of the job, but the population outside it will get a universal pension. Everyone in society should have some level of financial solvency. Hence this universal pension scheme. Through this discrimination in the society will be removed.
Sheikh Hasina said, many ups and downs had to be overcome to prepare the universal pension scheme. It is undoubtedly a big initiative to launch this pension scheme for all the people of the country. Meanwhile, people's living standards have increased, poverty rates have decreased, and the number of homeless people has decreased.
The Prime Minister said that if covered by universal pension scheme, a beneficiary aged 18 to 50 years can enjoy lifetime pension up to the age of 60 and a beneficiary aged 50 years up to a minimum of 10 years, subject to the contribution to be paid every year.
Initially four categories of persons are coming under the pension scheme. They are expatriate Bangladeshis, private sector workers, informal sector workers and poor people.
The minimum monthly subscription is Tk. 500 and the maximum is up to Tk. 5 thousand. However, there is an opportunity to change the program and increase the amount of subscription.
The pension authority's website was launched on Wednesday (August 16). Website address: www.upension.gov.bd. That said; ensure your future financial security by participating in a public pension scheme. Basic information about pension schemes is mentioned in the website address.