Bangladesh Bank (BB) requested that banks take action to get their officials and staff to sign up for the government’s universal pension plan.
According to a press release issued today, the instruction does not apply to personnel working for government-owned commercial and specialty banks.
At the moment, the state provides pension benefits to workers in autonomous, semi-government, and government organizations.
The program, which was introduced in August of last year, is to give the nation’s aging population a monthly stipend to help with living expenses and to place them under a well-organized social safety net.
All citizens, including Bangladeshis living abroad, between the ages of 18 and 50, are qualified.
