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Chittagong district is ahead with 50 thousand registrations as the first district in pension scheme;

Chittagong district has crossed the milestone of fifty thousand registration as the first district in the country in universal pension scheme. According to the latest data of May 27, about 252,000 customers have registered in the public pension scheme in the entire country, of which 20 percent are from Chittagong district. Talking about this pioneering journey of Chittagong, Deputy Commissioner Mr. Abul Basar Mohammad Fakhruzzaman said, Honorable Prime Minister Sheikh Hasina’s excellent initiative is universal pension scheme, which will be considered as a resource for everyone in old age. As Chittagong is one of the most expatriate districts of Bangladesh, the people here are very interested in participating in such schemes. He said that the Chittagong district administration is working towards the goal of 1 lakh registration by the month of July.

According to the investigation, 50 thousand 688 registrations have been completed in Chittagong district till 27th at 10 pm. Among them, 8 thousand 647 in Raujan upazila, 5 thousand 620 in Sitakunda upazila, 4 thousand 602 in Banskhali upazila, 3 thousand 233 in Karnaphuli upazila and 3 thousand 214 in Chandanish upazila. It should be noted that KSRM Group as an industrial company in Sitakunda Upazila of Chittagong district has started the process of connecting all its officers and employees to the pension scheme in response to the call of various professionals as well as the District Commissioner.

The District Commissioner is trying to maintain the flow of ongoing activities at an even pace. He said, “In the context of Bangladesh, the success potential of initiatives like the universal pension scheme is huge; the achievement of fifty thousand milestones has made the path more smooth. I hope that with the efforts of the district administration and the spontaneous participation of the people, we will go further.”

It is to be noted that the “Universal Pension Management Act, 2023” was passed by the Grand National Assembly with the aim of including the growing elderly population in a sustainable and well-organized social security zone due to the increase in the average life expectancy of the country’s people and considering that the rate of dependency will increase due to the decrease in the working population in the future and on January 31 , 2023 after obtaining the assent of His Excellency the President, the Act was gazetted.

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