50% DA Merger and Retirement age 58 : Rumor Spreading in Social Networks
Order for Merger of 50% DA, Retirement age news.
Recently rumour mill went overdrive in social media with the following news that
1. Central Government decided to merge 50% DA with basic pay with effect from 1.1.2015.
2. It went on to say that age of Retirement will be on completion of 33 Years of service or at the age of 58 Years whichever is earlier.
The 7th CPC is expected to submit its report shortly and due to Bihar elections the Central Government cannot take any policy decisions in this regard. Hence it is clarified that none of the above news are correct.
Source: http://karnatakacoc.blogspot.in/
No clarification by govt of India on OROP, Fixation of pension for PRE2006 pensioners, merging of 50% DA,No Banks have any clear table for payments of pensions,For all the above, Very sad Mr FM of India you speak allin air nothing on ground Every thing a big “0”
Retirement age shouild be increased to 62 years. Most of the Indian families has lot of responsibilities for commitment. Experience counts excellence.
Good decision of making 58 retirement age