Public pension is one of the largest social security programmes for Government personnel. In the annual budget of 2010-2011 fiscal years, a total sum of BDT 39651 Million had been allocated for pension in public service;it was nearly 3 per cent of the total budget allocation and over 4.62 per cent of non-development expenditure (Annual Budget 2010-2011).According to latest available government estimates, the total number of public employees working in various ministries, divisions, departments, directorates, autonomous bodies and corporations of Bangladesh government was estimated to be...