Universal pension scheme to see major changes, ‘Islamic version’ in review - News Summed Up

Universal pension scheme to see major changes, ‘Islamic version’ in review


Universal pension scheme to see major changes, ‘Islamic version’ in reviewSeveral major changes have been approved for the universal pension scheme, including a proposal to assess the introduction of an “Islamic version”. The maximum monthly deposit in the "Progoti" scheme will be raised from Tk 10,000 to Tk 15,000. >> Service workers engaged under outsourcing contracts will be included in the “Progoti” scheme. >> The proposal to introduce an Islamic version of the pension scheme will be reviewed and presented in the next meeting. The universal pension scheme was introduced by the now-ousted Awami League government in August 2023 to ensure financial security for people from all backgrounds in their later years.


Source: bd News24 May 14, 2025 22:22 UTC



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