WEB DESK: According to the proposed amendments, government employees will receive a gross pension equal to 70% of their salary two years before retirement, and employees will be able to voluntarily retire after 25 years of service.
However, voluntary retirement will result in an annual pension deduction of 3% to 20% until the age of 60.
In addition, the amendments state that annual increases in pensions will be based on the pension amount at the time of retirement. These increases will be counted as a separate amount, and the Pay and Pension Commission will review the baseline pension every three years.
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The proposed amendments also mention that the family of a pensioner will receive a pension for up to 10 years after the pensioner’s death. Those who retire due to accidents will receive a pension until the age of 60, and in the case of a government employee’s death, their family will receive a pension for 25 years.
Additionally, in cases where pensioners have disabled children, they will receive a pension for life. Those who take up another government job after retirement will be eligible for either a pension or salary, and they will receive a pension from only one department if they rejoin after retirement.
Moreover, if both spouses are government employees, both will receive pensions after retirement. The annual increase in pensions will be equal to 80% of the average inflation rate over two years, with inflation adjustments based solely on figures released by the State Bank.
