Inclusion of all citizens in pension system vital for welfare state: Finance secretary
He expresses optimism that the country could establish a robust social and financial security net by bringing citizens under the four existing schemes
Finance Secretary Dr Md Khairuzzaman Mozumder has underscored the urgency of establishing a sustainable social security framework, describing the inclusion of all citizens in the pension system as vital for the creation of a welfare state.
Dr Mozumder highlighted the transformative potential of the Universal Pension Scheme while speaking as the chief guest on Saturday (9 May) at a workshop titled "Capacity and Potential of the National Pension Authority" held at the authority's conference room.
The Finance secretary expressed optimism that the country could establish a robust social and financial security net by bringing citizens over the age of 18 under the four existing schemes: Prabash, Pragati, Surokkha, and Samata.
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He directed the National Pension Authority to intensify promotional activities, including seminars and workshops, to reach every segment of society.
He also stressed the importance of developing an effective communication strategy and assured the authority of the Finance Division's full support in these efforts.
The workshop was organised to identify and resolve existing challenges in implementing the Universal Pension Scheme.
Participants discussed the rationale, features, investment, and registration processes of the various schemes, alongside a two-month action plan and necessary amendments to existing rules.
Attendees at the event emphasised the importance of involving low-income groups and suggested that government offices and missions abroad should be engaged in awareness campaigns to make the schemes more accessible and 'people-friendly'.
The workshop was presided over by Dr Md Suratuzzaman, Executive Chairman of the National Pension Authority.
High-ranking officials, including Additional Secretary Dilruba Shahina, and Joint Secretaries Dr Md Ferdous Alam and Sharif Nazrul Islam, were also in attendance. Key insights were provided by National Pension Authority Member Sheikh Kamrul Hasan and General Manager Dr Md Ashrafuzzaman.
