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UPS to cover public univs, other bodies Jul 1 next year

TBP Online
14 Jul 2024 20:34:03 | Update: 14 Jul 2024 20:34:51
UPS to cover public univs, other bodies Jul 1 next year
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Employees of all public universities, self-governed, autonomous, state-owned bodies and their subordinate institutions joining on July 1, 2025 and thereafter as fresh employees would mandatorily come under the Universal Pension Scheme like the government employees.

A press release of the National Pension Authority said the government has taken a decision in this regard, reports BSS.

It said Prime Minister Sheikh Hasina launched the Universal Pension Scheme on August 17, 2023 under the Universal Pension Management Act, 2023 in order to bring people from all strata under a sustainable pension system.

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