Retirement age 62 for central government employees a exclusive review.

Impact of raising retirement age from age 60 to 62

   It has been seen that one of the long time waging demand of raising the retirement age of govt. employees has finally caught afire

   Through the Medias and blogging sites re abound with news that the cabinet would announce news regarding the retirement age yet it has not been finalizes

   Even then it has been come to known that a favorable decision would be put forth regarding this issue due to the oncoming lok sabha and three state assembly elections. In India the retirement ages of most of the state government employees range from 58 to 60. This is low in comparison to the government employees of foreign nation.

   We shall see the effect of raising the retirement age in the following passage

Advantage

   1. If only 7th pay commission would be implemented in the year 2016 those retiring in the year span 2014 -2016 would be greatly benefitted.

   2. Economically the employees would be in better position due to this rise of the age of superannuation

   3. The pension amount and the other beneficiaries would also increase along side

   4. There this chance of imparting fruitful experience to the subordinates or new recruit by those benefitted by rise in retirement age

   5. More over there is chance of getting an additional MACP by the central govt. employees

   6. A good health psychological effect would prevail in their minds due to this boon of rising their retirement age and thus removing their fatigue

Disadvantage

   1. Promotion would be greatly affected due to no retirement in the long span

   2. Unemployment would come in to being due to the increase in retirement age

   3. Output of work would be greatly affected if the retirement age of unhealthy employees would be increased.
 
   This announcement would not be received in praise among those searching for employment in general. Moreover among the retirement employees this decision is receiving a mixed response as some welcome while others detest it.

Source:http://employeesorders.com/2013/06/retirement-age-62-for-central-government-employees-a-exclusive-review/

Promotion of Section Officers of CSS to Grade-I (Under Secretary) on ad-hoc basis — reg.

IMMEDIATE

No.5/8/2013-CS.I(U)
Government of India
Ministry of Personnel, Public Grievances & Pensions
(Department of Personnel & Training)

2nd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi-110003

Dated the 5th June, 2013

OFFICE MEMORANDUM

Subject:- Promotion of Section Officers of CSS to Grade-I (Under Secretary) on ad-hoc basis — reg.

   The undersigned is directed to refer to this Department’s O.M. of even number dated 29.04.2013 on the subject noted above (available on web-site: www.persmin.nic.in —> DoPT —> Central Secretariat —> CSS —> Promotions —>Promotion (Ad-hoc) — SO to US). Considering the chain vacancies arising in the grade of US on account of impending promotion to the grade of DS, it is proposed to consider some officers from SOSL-2004 for adhoc promotion to the grade of US.

   2. Ministries/ Departments are, therefore, requested to furnish the personal information (Annexure-I) in the prescribed format in respect of officers SOSL.2004 (Annexure-II) who are likely to be covered for ad-hoc promotion. While forwarding the personal information it should be ensured that the information of the officers in the Web Based Cadre Management system is complete and accurate. Though vigilance clearance has been received Ministries/ Departments, it should also be updated in the web based cadre management system.

   3. The personal information should reach this Department latest by 12.6.2013.

Sd/-
V. Srinivasaragavan)
Under Secretary to the Government of India

Source:http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02csd/adhoc-5-6-13.pdf

Central govt. employees’ retirement age to be extended by 2 years to 62.

   The government is planning to extend the retirement age of all central government employees by two years — from the current 60 to 62 years. Sources said that an in-principle decision has been taken in this regard and the department of personnel and training (DoPT) has begun the work to implement the same. A formal announcement to this effect is expected this year itself.

   The last time the government extended the retirement age of central government employees was in 1998. It was also a two-year extension from 58. This was preceded by the implementation of the 5th Pay Commission, which had put severe strain on government’s finances. Subsequently, all state governments followed the Centre’s policy by extending the retirement age by two years. Public sector undertakings followed suit too.

  The decision to extend the retirement age is well-timed both politically and economically.

   The UPA government reckons the move would be a masterstroke. At a time when it is buffeted by several corruption cases, it is felt that the extension of the retirement age will go down well with the middle classes. Economically also, the move makes sense because by deferring payment of lump sum retirement benefits for a large number of employees by two years, the government would be able to manage its finances better.

   “An in-principle decision has been taken to increase the retirement age by two years within this year itself. This would reduce the burden on the fisc from one-time payment of retirement benefits for employees including defence and railways personnel,” an official involved in the discussion said. With the fiscal consolidation high on the government's agenda, this deferment would come handy.

   There’s some flip side too if the retirement age is extended by two years. Those officials empanelled as secretaries and joint secretaries would have to wait longer to actually get the posts. And of course, there is the issue of average age profile of the civil servants being turning north.

   It is also felt that any extension is not being fair with a bulk of people who still look for jobs in the government.

   However, officials point out that at least it prevents an influential section of the bureaucracy to hanker for post-retirement jobs with the government like chairmanship of regulatory bodies or tribunals. “As it is, a sizeable section of senior civil servants work for three to five years after the retirement in some capacity or the other in the government,” said a senior government official. The retirement age of college teachers and judges are also beyond 60.

   As per a study, the future pension outgo for the existing Central and State government employees is estimated at a staggering Rs 1,735,527 crore or 55.88% of GDP at market prices of 2004-05.

Source: www.financialexpress.com