Showing posts with label Retirement Age. Show all posts
Showing posts with label Retirement Age. Show all posts

No plan to raise retirement age of Central government employees to 62- Central Government

   The government on Friday made it “very clear” that there is no plan to raise retirement age of Central government employees to 62 years from the existing 60.

   “At present, there is no thinking in the government for increasing the retirement age. That I would like to make it very clear,” minister of state for personnel V Narayanasamy told reporters during a press conference.

   There are about 50 lakh central government employees in various departments across the country.

   Recent media reports had claimed that the ministry of personnel was working on a proposal to increase the age of service by two years as part of government’s plan to defer payouts in the form of pensions and other payments to check fiscal deficit.

No hike in Retirement age of Central Government employees; PM's address from the ramparts of the Red Fort on the occasion of Independence Day 2013

   Prime Minister, Dr. Manmohan Singh, addressed the Nation from the ramparts of the Red Fort today on the occasion of Independence Day. Following is the English rendering of the Prime Minister’s address:

   “My dear fellow-citizens,

   Brothers, sisters and dear children,

   I greet you all on this Independence Day.        

   Today is certainly a day of joy for us. But on this celebration of independence we also feel pain in our hearts that our brothers and sisters in Uttarakhand had to face devastation about two months back. Our deepest sympathies are with all the families that suffered loss of life or property. I want to assure the people of Uttarakhand today that the whole country stands with them in this moment of crisis. Our government is working with all the resources at its command to rehabilitate those whose houses have been destroyed and rebuild damaged infrastructure.

Central Government Employees Retirement Age, Cabinet decision to increase retirement age deferred.

   The government may make the anouncement 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.

Constitution of the Committee for extension of service of Scientists beyond 62 years and upto 64 years of age.

No. 26012/12/2013-Estt.(A)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel & Training
New Delhi, dated the l3th June, 2013
OFFICE MEMORANDUM
Subject:- Constitution of the Committee for extension of service of Scientists beyond 62 years and upto 64 years of age.
   The undersigned is directed to say that the Prime Minister has approved the composition of the Screening Committee for considering proposals for extension in service of Specialists in Scientific and Medical fields beyond the age of 62 years as under:-