People can now directly register for 'Universal Pension Scheme' and pay subscriptions using Nagad, the country's popular mobile financial service provider, says a statement.
To this end, a memorandum of understanding (MoU) was signed between Nagad Ltd. and National Pension Authority in the city recently.
As a result, 85 million Nagad customers will be able to register for their preferred pension schemes directly through Nagad and deposit regular instalments. This will pave the way for all citizens aged above 18 to choose pension schemes with a few taps on their Nagad app without facing any hassle.
Executive Director of Nagad Ltd. Mohammad Aminul Haque and Executive Chairman of National Pension Authority Kabirul Ezdani Khan signed the MoU on behalf of their respective sides.
Secretary to Finance Division Dr Md Khairuzzaman Mozumder, Director General of the Directorate of Posts Tarun Kanti Sikdar, Nagad's Chief External Affairs Officer Sheikh Shabab Ahmed, Head of Business Sales Mohammad Mahbub Sobhan, and Head of Commercial Affairs Md. Ziaul Pervez Chowdhury were also present at the signing ceremony.
The government rolled out the Universal Pension Scheme under the National Pension Authority this year for all citizens aged above 18, excluding government employees.
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