Average Retirement Benefit for Teachers and Staff Reaches Tk 13 Lakh, Says Education Minister
The government remains deeply committed to fast-tracking the disbursement of outstanding retirement and welfare benefits to retired teachers and employees of non-government educational institutions, Education Minister Dr. A N M Ehsanul Hoque Milan announced today. Responding to a starred question tabled by opposition lawmaker Md. Abdul Waresh (Gaibandha-5) during a parliamentary session on Sunday, June 28, the Minister disclosed that an individual non-government teacher or employee receives an average retirement allowance of Tk 13 lakh.
Navigating a Massive Fiscal Deficit
The Education Minister presented a detailed fiscal map of the retirement board and welfare trust, revealing a significant funding gap that has stalled thousands of pending applications:
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The Non-Government Employee Retirement Benefit Board: Currently, approximately 67,000 retirement applications remain unresolved. Processing these outstanding claims requires a total allocation of Tk 8,710 crore. However, the retirement fund currently holds only around Tk 1,300 crore, leaving an absolute fiscal deficit of Tk 7,410 crore.
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The Non-Government Teacher-Employee Welfare Trust: Between August 2023 and June 21, 2026, a total of 45,000 welfare applications have accumulated in the pending backlog. Resolving these cases will require a one-time lump-sum allocation of approximately Tk 3,150 crore.
Strategic Reforms and Digital Overhaul
To combat this massive operational financial crisis, Dr. A N M Ehsanul Hoque Milan stated that the ministry has officially initiated fund allocation procedures to bridge the multi-thousand crore deficit.
Concurrently, the Ministry of Education is implementing extensive digital and administrative reforms to increase the pace of application processing. These include re-optimizing specialized software platforms, expanding workforce capabilities, and standardizing online portals.
In a major push for financial transparency and structural efficiency, the government is routing disbursements through the automated iBAS++ (Integrated Budget and Accounting System) framework. This protocol completely bypasses intermediate administrative channels, enabling the state to transfer retirement and welfare funds directly into the personal bank accounts of retired teachers and employees.