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Universal Pension Scheme Faces Uncertain Future Amid Political Turmoil
Universal Pension Scheme Faces Uncertain Future Amid Political Turmoil
The universal pension scheme has faced criticism since its inception. When former Prime Minister Sheikh Hasina announced the launch of the program on August 17, 2023, many viewed it as a means for the government to increase its funds. Additionally, the scheme was criticized for fostering discrimination. For instance, government officials and employees were excluded from the scheme, while university teachers were included. Following over a month of protests by public university teachers, officials, and employees demanding the cancellation of the scheme, the previous government was forced to abandon it.