Staff Corner Home

The News and Info Site for Central Government Employees & Pensioners

Govt. may reduce retirement age to 58 : Financial Express


28 Nov, 2014 1:09p.m.

In a time the employees are hoping to get the retirement age hiked to 62, roumors are heard that the Narendra Modi government is planning to reduce the retirement age of central government employees from the present 60 to 58. The move is aimed in curbing the relentless increase in the Centre’s non-Plan spending and ease the way for infusion of more young blood and professionalism into the country’s largely moribund bureaucracy, 

The move that comes at a time when the Seventh Pay Commission is mulling another sharp boost to the pay structure of the Centre’s 5-million-strong workforce is also aimed at creating the requisite space for lateral entry of technically qualified professionals into the government, official sources quoted.

It was actually the previous NDA government led by Atal Bihari Vajpayee that raised it from 58 to 60 years. The Manmohan Singh led government had reportedly considered enhancing the retirement age further to 62 just before the general elections, but dropped the move.

Read more @

Also read : Haryana lowers employees' retirement age from 60 to 58 

Dont forget to share this post
Post to facebook Tell your friends

Enter your email address for latest Staff News:

Other General News

Other News

Govt. Job openings.

Join the Employees community. Receive all updates via Facebook. Just Click the Like Button Below...

Facebook Gconnect
Social Reading at Staffcorner