Pension Act. in Bangladesh
How to calculate Lamp, Gratuity and Pension?
The amount of retirement benefits / availability, pensionable service tax and pension amount of government employees is redone in the notification issued on. 07.00.0000.171.10.006.15-181, on 23/12/2013 of Finance Department of Finance Ministry. The previous pensionable job is 5-25 years instead of 10-25 years and the rate of pension has been increased to 90% instead of 80% of the last collected value. As a result, you will be paid under the pension for 5 years now. Before the tenure of the previous tenure, the pension would not be covered.
Find out the rate of pension according to your job
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If the employment is 5 years then 21% will be received.
If the employment is 6 years, 24% will be received.
If the employment is 7 years, 27% will be received.
If the employment is 8 years, 30% will be received.
If the employment time is 9 years, 33% will be received.
If the tenure is 10 years, then 36%, the previous rate was 32%.
If the employment time is 11 years, then 39%, the previous rate was 35%.
The employment rate was 43%, the previous rate was 38%.
If the employment was 13 years old then 47%, the rate was 42%.
In the 14 years of employment, 51%, the previous rate was 45%.
If the employment rate is 15 years, 54%, the previous rate was 58%.
If the employment period is 16 years, then 57%, the previous rate was 51%.
If the employment was 17 years old then 63%, the previous rate was 54%.
The employment rate was 65%, the previous rate was 58%.
The employment rate was 69 years, the previous rate was 61%.
If the employment was 20 years old then 72%, the previous rate was 64%.
If the employment was 21 years old then 75%, the previous rate was 67%.
If employment was 79 years, then the rate was 70%.
If the employment was 23 years old then 83%, the previous rate was 74%.
If the employment was 24 years old then 87%, the rate was 77%.
If the employment was 25 years, 90%, the rate was 80%. A)
The rate of gratuity surrendered (Taka)
According to the notification of the commencement of 07.00.00.17.13.07.13-160 dated 23/12/2013 for the Ministry of Finance, half of the mandated retirement pension or half-yearly 50% gross pension for the family of the deceased employer (1)
- The rate of gratitude against the money has been redefined as follows: 1. Pensionable employment is 5 years or less but less than 10 years 2665 (formerly no.17 / 015 pensionable new jobs were added)
- Pensionable employment ten years or more but less than 15 years 260 taka (previous rate of 230 taka)
- Pensionable employment is 15 years or less but less than 20 years Rs. 245 (previous rate Tk 215)
- Pensionable employment 20 years or more, 230 (previous rate is 200 rupees)
(B) Voluntary surrendered endorsements
The remaining half of the gross pension (50%), the surrendered retirees were entitled to half the rate of the above rate, which was discontinued from July 1, 2017.
- LAMGRENT ACCOUNTING SATISFACTION: The latest value in employment x Leave of work (maximum 18 months) = Total money.
- Procedure for Assessment Assessment: Last Updated: The fixed rate of pension for total employment (%) ÷ 2 x Gratuity rate = Total money
- The method of determining the pension: the latest value x. The fixed rate of pension for the total employment (%) ÷2 = total money.
Now the pension and gratuity calculation turnover
Example -1 Zahid Sahib's date of birth is 01/06/1958, he joined the service on 14/12/1990. He will retire on 01/06/2018. His posting is 34010 / - He has worked in total 27 years 5 months 17 He did not enjoy any vacation without being paid. So, how much will his gratuity and monthly pension be? 1. How much percent of the total pension of Zahid? Source: Last updated x Total amount of pension for fixed employment (%) ÷ 2 = Total amount So his pension = (34010 x 90%) ÷ 2 taka = 30609 ÷ 2 taka = 15304.5
- How much money will you get a lumpgart? Sources: The last place for earning x is the earned leave (18 months) So get Lampgrant = 34010 x 18 Taka = 612,180 taka
- How much money will get a one time gratuity with Zahid? The source is: (Basic salary x percent rate) ÷ 2x mandatory surrenders So-admissible [(34010 x 90%) ÷2] x 230 = [30609 ÷2] x 230 = 15304.5 x 230 = 35,220,035
- How much money will he get per month? The session is: (Basic salary x percent rate) ÷ 2+ medical allowance So monthly pension is available = [(34010 x 90%) ÷ 2] + 1500 taka = [30609 ÷2] + 1500 taka = 15304.5 + 1500 taka = 16804.5 Explanation: Monthly medical allowance of pensioners upto 65 years of age is effective from Rs.2500 (effective from 01/07/2013).
Behind the job, a pensioner will be added to a pensioner and permanently disabled pensioner. Explanation ===============
5 to 24 years of service will be eligible for pension only when:
- If a worker dies or by the medical board formed by the government (due to physical and mental impairment) permanently disabled and
- In the case of pruning of jobs due to abolition of permanent terms.
Pension is the most impotent elements of the jobs.
Every Bangladeshi have used it. like every man of Government employers.