Depositors to get 11.61pc profit for FY'25

The National Pension Authority (NPA) has announced an 11.61-percent profit for investors in its pension schemes for the fiscal year (FY) 2024-25.

The NPA board of directors approved the profit at a meeting on Monday, chaired by board chairman and finance adviser Dr Salehuddin Ahmed at the Finance Division conference room in the Secretariat in Dhaka.

A press release issued by the NPA stated that, at the end of June 2025, the scheme held Tk 1.879 billion, comprising monthly deposits from 373,987 investors and the primary balance from FY 2023-24.

The board approved a total of Tk 163.30 million, equivalent to 11.61 per cent, as profit for FY'25 for the investors, it said.

The board also approved raising the maximum monthly deposit under the Surakkha scheme from Tk 5,000 to Tk 15,000 to attract high-earning self-employed professionals.

In addition, outsourcing employees will now be included in the Universal Pension Scheme (UPS). To keep deposits manageable, the minimum monthly contribution for outsourcing employees has been lowered to Tk 500, compared to Tk 1,000 for other depositors.

The board discussed introducing an Islamic version of the Universal Pension Scheme and asked the NPA to review best practices and prepare for its launch.

Finally, the directors considered offering an insurance facility within the pension scheme and instructed the NPA to prepare a concept paper based on actuarial analysis as a matter of urgency.

syful-islam@outlook.com