Dhaka, Feb. 18 -- Nearly 99 per cent of surveyed RMG workers expressed disinterest in the Universal Pension Scheme (UPS), primarily due to financial constraints, according to a recent study.
The majority - 90.6 per cent - cited financial difficulties as the main reason, while 6.7 per cent raised concerns about the scheme's long-term sustainability. Additionally, 2.7 per cent of workers were found to be unaware of the UPS, the study revealed.
The research found that only 1.3 per cent of surveyed workers have enrolled in the garment sector pension scheme, Progoti, which was introduced in August 2023. The survey was conducted by Md. Monirul Islam, Deputy Director of the Bangladesh Institute of Labour Studies (BILS).
Supported by the Netherl...