Universal Pension Scheme

Banks asked to encourage staff to take Universal Pension Scheme

Bangladesh Bank has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme.

Banks asked to encourage staff to adopt universal pension scheme 

BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme

Jiban Bima stops selling pension policy after govt rolls out scheme

State-run Jiban Bima Corporation (JBC) has stopped selling its popular yet unprofitable private pension insurance policy since December 1, months after the government rolled out the Universal Pension Scheme.

Universal Pension Scheme / Beneficiaries to enjoy tax waiver

The beneficiaries of the universal pension scheme (UPS) will get tax waiver facilities on their investment and profits.

No income tax for beneficiaries of universal pension scheme

The beneficiaries of universal pension scheme will not have to pay any income tax on their monthly instalments and profits coming from the scheme.

Policyholders can take loan from universal pension scheme fund

Can borrow 50% of the money deposited as subscription fee

Pension Scheme / MFS service charge set at 0.7% for payment

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

Pension scheme: a timely move

Universal Pension Scheme (UPS) is an opportune and pro-people move of the government looking to ensure inclusive and sustainable social safety net for the greater socio-economic development. The move will create a new era in the economic history of Bangladesh.

February 9, 2024
February 9, 2024

Banks asked to encourage staff to take Universal Pension Scheme

Bangladesh Bank has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme.

February 8, 2024
February 8, 2024

Banks asked to encourage staff to adopt universal pension scheme 

BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme

February 7, 2024
February 7, 2024

Jiban Bima stops selling pension policy after govt rolls out scheme

State-run Jiban Bima Corporation (JBC) has stopped selling its popular yet unprofitable private pension insurance policy since December 1, months after the government rolled out the Universal Pension Scheme.

October 16, 2023
October 16, 2023

Beneficiaries to enjoy tax waiver

The beneficiaries of the universal pension scheme (UPS) will get tax waiver facilities on their investment and profits.

October 15, 2023
October 15, 2023

No income tax for beneficiaries of universal pension scheme

The beneficiaries of universal pension scheme will not have to pay any income tax on their monthly instalments and profits coming from the scheme.

August 29, 2023
August 29, 2023

Policyholders can take loan from universal pension scheme fund

Can borrow 50% of the money deposited as subscription fee

August 29, 2023
August 29, 2023

MFS service charge set at 0.7% for payment

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.

August 28, 2023
August 28, 2023

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

August 21, 2023
August 21, 2023

Pension scheme: a timely move

Universal Pension Scheme (UPS) is an opportune and pro-people move of the government looking to ensure inclusive and sustainable social safety net for the greater socio-economic development. The move will create a new era in the economic history of Bangladesh.

August 20, 2023
August 20, 2023

Businesses laud pension scheme for private sector

Business leaders and experts have lauded one of the four packages of a universal pension scheme (UPS) meant for employees of private companies, saying it would enhance post-retirement financial security and benefit employers too. 

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