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Bangladesh Expands Universal Pension Scheme to Strengthen Private-Sector Social Security
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Bangladesh Expands Universal Pension Scheme to Strengthen Private-Sector Social Security
By Asif Showkat Kallol (Dhaka Bureau) In a significant stride toward bridging the long-standing gap in old-age income security, Bangladesh has announced an expansion of its flagship Universal Pension Scheme (UPS). The initiative aims to provide formal retirement protection to the nation’s estimated 18 million private-sector workers, who have historically been excluded from the institutional pension benefits enjoyed by government employees. Unvei…
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