Saturday, August 3, 2013

Retirement age increase: proposal comes to cabinet but decision deferred 

A proposal to increase the retirement age of government employees from 60 to 62 years came to Cabinet yesterday but a decision was deferred.  The government may make the announcement in the Prime Minister’s 15 August address, his last before elections in 2014.
The Ministry of Personnel, Public Grievances and Pensions has proposed an increase in retirement age of Government employees from 60 years to 62 years, top sources confirmed.2013-14 is considered an election year because of five assembly elections and general elections in May next year.

There are around 50 lakh central government employees in India.  The last time government raised retirement age of central government employees was in 1998-- from 58 to 60 years.

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