Cabinet decision to increase retirement age deferred
The government may make the announcement in the Prime Minister’s 15 August address…
A
proposal to increase the retirement age of government employees from 60
to 62 years came to the Cabinet on Thursday but a decision was
deferred. The government might make the announcement in the Prime
Minister’s Independence Day address, his last before general elections
in 2014. The ministry of personnel, public grievances and pensions has
proposed an increase in retirement age of government employees from 60
to 62 years, top sources confirmed.
There are around five
million central government employees in India. The previous occassion
the government raised the retirement age of central government employees
was in 1998, from 58 to 60 years. The move is meant to ease the
financial burden on the government in terms of its pension liabilities,
sources said.
The retirement age of professors in all central universities was recently raised to 65 years. D L Sachdev, national secretary of the All India Trade Union Congress, said his union was totally against the increase of the retirement age beyond 60. It would hurt the youth, especially when the government is doing nothing to create jobs for them, Sachdev said.
Congress-affiliated
Indian National Trade Union Congress national president Sanjeeva Reddy
said his union had been demanding increase in the retirement age to 62
years and would welcome it.
Minister for Personnel,
Public Grievances and Pensions V Narayanaswami had ruled out an increase
in the retirement age to a question in Parliament in the winter session
this year. An official in the ministry, when asked, refused to speak
about it.
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