Awareness of the government-introduced universal pension schemes among the adult population in Bangladesh: a nationwide cross-sectional survey

Abstract

The Universal Pension Scheme (UPS) was launched in Bangladesh in August 2023 to enhance economic security for the aging population. Despite extensive government promotion, the participation rate remains low, underscoring the critical role of public awareness. Following the worldwide pattern, the Government of Bangladesh (GoB) introduced its first contribution-based Universal Pension Scheme (UPS) on 17 August 2023, aiming to address the economic security concerns of the country’s rising older population. The study aimed to investigate awareness of the UPS and its correlates among the Bangladeshi population.