Private sector employers have to contribute 50 percent of their employees’ monthly instalments under the universal pension scheme, said a gazette from the finance ministry yesterday.
Bangladesh made a major step towards a universal pension scheme when parliament passed the Universal Pension Management Bill-2022 on January 24 with a view to bringing the country’s growing elderly population under a social security system.
Private sector employers have to contribute 50 percent of their employees’ monthly instalments under the universal pension scheme, said a gazette from the finance ministry yesterday.
Bangladesh made a major step towards a universal pension scheme when parliament passed the Universal Pension Management Bill-2022 on January 24 with a view to bringing the country’s growing elderly population under a social security system.