Tuesday, August 9, 2011

No hike in retirement age, Govt. clarifies.

New Delhi, Aug 9 (PTI) The government today said there is no proposal to raise the retirement age of its employees from 60 years at present.
"At present there is no proposal to increase the age of retirement of Government servants,"Minister of State for Finance Namo Narain Meena said in a written reply to the Rajya Sabha.
He said this in reply to a query on whether the government was considering increasing the retirement age of all central government employees by two years to 62 years, from the current 60.
The government raised the retirement age of central government employees in 1998, when the age of superannuation was extended from 58 to 60 years.
Meena said the total number of Central Government employees as on March 1, 2010, was 32.24 lakh
The total expenditure incurred by the government after the implementation of the recommendation of the 6th Pay Commission amounts to Rs 94,270.50 crore in the fiscal 2010-11. This was higher than Rs 78,111.20 crore incurred in 2009-10, Meena added.

1 comment :

Shankar said...

Central government and bank employees are fools to raise this issue. Are they politicians? are they bureaucrats? Are they Corporators?, Are they MLAs or MPs? Then how can they work beyond 60 years? Only above category of people can serve public till their death and their kids and kins after their deaths.

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