Bangladesh, Aug. 21 -- The government's liabilities on account of pension for retiring officials are increasing due to having a much higher number of people than required in the top tier of the civil administration, people familiar with the matter have told the FE.
A higher number of high ranking officials mean higher salaries and the pension of an employee is calculated on the basis of the last-drawn basic salary. If the last-drawn basic salary is high, the monthly pension amount also goes up.
For example, if an officer retires at the grade-I, he will get monthly pension Tk 37600, excluding festival allowances.
But currently the highest monthly pension for a person is Tk 70,200 for some posts against the earlier amount of Tk 40,500, acc...