The third meeting of the Board of Directors of the National Pension Authority was held today at the conference room of the Finance Adviser at the Bangladesh Secretariat. Photo : NPA Facebook Page

DHAKA, Oct 6, 2025 (BSS) - The third meeting of the Board of Directors of the National Pension Authority was held today at the conference room of the Finance Adviser at the Bangladesh Secretariat here.
 
The meeting was chaired by Dr. Salehuddin Ahmed, chairman of the Board of Directors of the National Pension Authority and Adviser to the Ministries of Finance and the Science and Technology.

The Secretary of the Finance Division and other distinguished members of the Board of Directors were present at the meeting. 

Md. Mohiuddin Khan, Executive Chairman of the National Pension Authority, presented the agenda for discussion. The esteemed members actively participated in the discussion and emphasized the need to further strengthen the operational activities of the National Pension Authority, said a press release.

As per the agenda, the following issues were discussed and related decisions were adopted:

1. Declaration of Profit for FY 2024-25:
It was informed that as of June 30, 2025, the total deposited amount, including monthly contributions from 373,987 contributors and the opening balance of FY 2023-24, stood at Taka 187,97,90,054.15 (Taka one hundred eighty-seven crore ninety-seven lakh ninety thousand fifty-four and fifteen paisa).

The total profit earned for FY 2024-25 amounted to Taka 16,33,04,023.77 (Taka sixteen crore thirty-three lakh four thousand twenty-three taka and seventy-seven paisa).

Upon approval by the Board of Directors, it was decided that the profit would be distributed among the contributors proportionately based on their investment duration. Contributors will be able to view their earned profit amounts using their Pension ID and password. The highest profit rate achieved in FY 2024-25 was 11.61 percent.

2. Increase in Contribution Rate under the Surokkha Scheme:The Surokkha Scheme is designed for self-employed individuals. This category includes both low-income and high-income persons. At present, the maximum contribution rate under this scheme is Taka 5,000 per month.

To attract higher-income self-employed citizens and align it with the Pragati Pension Scheme, the Board of Directors has approved an increase in the maximum contribution rate under the Surokkha Scheme to Taka 15,000 (Taka fifteen thousand) per month.

3. Inclusion of Outsourced Service Workers in the Pension Scheme:Under the Outsourcing Service Procurement Policy 2025, issued by the Finance Division, outsourced service workers are eligible to participate in the Universal Pension Scheme.

These workers will be allowed to enroll in the Pragati Scheme. Although the minimum monthly contribution under the Pragati Scheme is Taka 1,000, the Board decided to reduce it to Taka 500 (Taka five hundred) per month only for outsourced service workers, to make it more affordable.

However, those with the capacity to contribute more may participate at higher thresholds. The entire contribution will be borne by the service workers themselves, and there will be no contribution from the employing organisation.

4. Introduction of an Islamic Version of the Universal Pension Scheme:The meeting discussed the introduction of an Islamic version of the Universal Pension Scheme. The Board emphasized the importance of reviewing best practices and finalizing a concept paper to initiate the process of launching this Islamic variant of the scheme.

5. Introduction of Insurance Benefits in the Pension Scheme:The feasibility assessment for introducing insurance benefits within the Universal Pension Scheme is currently underway. 

The Board of Directors advised the National Pension Authority to urgently complete an actuarial analysis and prepare a concept paper on the matter.