Bangladesh enters the era of universal pension

Bangladesh has launched a universal pension scheme to bring four types of citizens under a sustainable and organised social security system. “From now on, professionals from every economic stratum will receive pensions, which will eliminate social disparity,” said Prime Minister Sheikh Hasina, as she inaugurated the scheme on Thursday. Anyone aged over 18 years and not holding a government job will be eligible for the pension plan by paying a regular premium. Expatriates can also avail themselves of the service. The...