{"id":209972,"date":"2025-10-13T10:38:19","date_gmt":"2025-10-13T10:38:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/209972\/"},"modified":"2025-10-13T10:38:19","modified_gmt":"2025-10-13T10:38:19","slug":"universal-pension-authority-announces-up-to-11-61-profit-for-fy25","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/209972\/","title":{"rendered":"Universal Pension Authority announces up to 11.61% profit for FY25"},"content":{"rendered":"

The National Pension Authority has decided to offer profits ranging from 11.10% to 11.61% on deposits made under its various Universal Pension Scheme for the 2024\u201325 fiscal year, according to sources at the authority.<\/p>\n

The source said that the funds deposited by subscribers are invested in different financial instruments, including government bonds, treasury bills, and fixed deposit receipts (FDRs).<\/p>\n

The profit earned from these investments is shared among depositors at the end of the fiscal year.<\/p>\n


\n \"The
\n Keep updated, follow The Business Standard’s Google news channel
\n <\/a><\/p>\n

This means that a person who deposited Tk100 under the scheme in the previous financial year will see their balance rise to between Tk111.10 and Tk111.61 by the end of FY2024\u201325.<\/p>\n

The scheme runs on a compound interest system, meaning the profit for the current fiscal year will then be calculated on this updated amount.<\/p>\n

An official of the Pension Authority said that the profit rate depends on the duration of an individual’s deposits.<\/p>\n

As of June 30, 2025, the meeting apprised a total of 373,987 contributors deposited Tk187.97 crore, including the opening balance from FY2023\u201324, reports UNB.\u00a0<\/p>\n

The Board approved the distribution of profits among contributors based on their respective investment periods. Contributors will be able to view their earned profit using their pension ID and password.<\/p>\n

The Board approved an increase in the maximum monthly contribution under the Surakkha Scheme\u2014designed for self-employed individuals\u2014from Tk5,000 to Tk15,000.<\/p>\n

The revision aims to make the scheme more attractive to higher-income self-employed participants and align it with the Progoti Scheme.<\/p>\n

While the minimum monthly contribution for Progoti is Tk1,000, the Board decided to set a reduced minimum of Tk500 exclusively for outsourced workers to make participation more affordable.<\/p>\n

The Board also asked the officials concerned to urgently prepare a concept paper based on an actuarial analysis to assess the feasibility of introducing an insurance benefit under the pension scheme.<\/p>\n

It also discussed launching an Islamic version of the Universal Pension Scheme.<\/p>\n

The Pension Authority currently operates four different Universal Pension Schemes, designed to provide long-term financial security for citizens through voluntary contributions.<\/p>\n","protected":false},"excerpt":{"rendered":"The National Pension Authority has decided to offer profits ranging from 11.10% to 11.61% on deposits made under…\n","protected":false},"author":2,"featured_media":209973,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-209972","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/209972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=209972"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/209972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/209973"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=209972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=209972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=209972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}