Prime Minister Sheikh Hasina launched the much-hyped Universal Pension Scheme on Thursday considering the future life of the cross section of people in the country.
The premier inaugurated the scheme virtually from her official Ganabhaban residence at 10:00 am.
Meanwhile, the government published the gazette on the Universal Pension Scheme on Monday.
Initially, four types of schemes are launched considering people of four different types of communities. These are named as `Pragati` `Surokkha`, `Samata` and `Prabashi`, according to Finance Division officials.
Out of these, Pragati will be applicable for the job holders of the private sector, Surokkha for the self-employed communities, Prabashi for the expatriate Bangladeshis and Samata for the low-income group people of the country.
The Universal Pension Scheme has been designed in such a way where people aged between 18 to 50 years will come under it while they would start to get pension 60 years onward. Although it was not incorporated initially in the plan, but now people aged 50 years and above have been included in the pension scheme.
They would get the pension facility after providing premium for 10 years in a row.
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