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Education Minister Ehsanul Haque Milon told the National Parliament on June 28, 2026, that around 67,000 applications for retirement benefits from private educational institution teachers and employees remain unresolved. Each applicant is entitled to an average of 1.3 million taka in retirement benefits. To settle all pending applications, about 8,710 crore taka is required, but the retirement fund currently holds only 1,300 crore taka, leaving a shortfall of roughly 7,410 crore taka.

The minister also said that the Private Educational Institution Teachers and Employees Welfare Trust has about 45,000 pending applications from August 2023 to June 21, 2026, requiring a one-time allocation of 3,150 crore taka. He stated that the government is committed to ensuring timely disbursement of retirement and welfare benefits and has initiated measures to address the financial crisis.

To speed up processing, the government has taken steps including reactivating software systems, increasing manpower, expanding online operations, and enabling direct fund transfers to teachers’ and employees’ bank accounts through the iBAS++ system.

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