DA Arrears Calculator 1.7.2024 for 3 Months7th Pay Commission & Retirement Age for Central Govt. Employees
According to unconfirmed sources, it has been rumored that the 7th Pay Commission is reportedly planning to implement a significant change in the retirement age of Central Government employees. The proposal, if passed, could have a profound impact on the workforce and the economy, and speculation is rife about what this change could mean for both current and future employees. However, until this information is confirmed, it remains to be seen how this proposal will be received by the government and the general public.
Yet another news story about the retirement age of Central Government employees surfaced yesterday. The reputed English news website of India Today featured a special article yesterday about the 7th Central Pay Commission. In the article, the 7th Pay Commission is likely to reduce the retirement age to 55 or on the completion of 33 years, whichever comes first.
This has raised the question in the minds of many if the Pay Commission has the authority to recommend the reducing of retirement age.
The Pay Commission has all the authority to present its explanations and recommendations about changes in the retirement age of Central Government employees. But, the Centre has the discretionary powers to either accept or reject the recommendations. The fifth Pay Commission recommended that the retirement age be increased. Based on the recommendation, the government increased the retirement age from 58 to 60, in May 1998(Click to view the Dopt Order). The Third Pay Commission also recommended the date of retirement of Central Government employees. The commission recommended that the retirement effect from the afternoon of the last day of the month in which the employee concerned attains the age of superannuation instead of the afternoon of the actual date of his superannuation (Click to view the Dopt Order). But, for now, there’s no confirmed news about the recommendation of reduction in retirement age.
Initially it was 60 years of age or 33 years of service, then it changed as 58 or 33 years service and now it becomes as 55/33 years. Though many are ready to even accept the changes in retirement age, what is unpalatable for them is the idea of linking the years of service with their age. If a talented employee joins the Central Government services at a very young age, then he is likely to lose up to seven years of service tenure.
All the government employees, especially those above the age of 40, are vehemently opposing the idea. The questions they are putting forth are –
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Can the 7th Pay Commission recommend the lowering of retirement age?
The article suggests that the 7th Pay Commission may have the authority to recommend a reduction in retirement age for Central Government employees.
What is the proposed retirement age mentioned in the article?
The article mentions a possible retirement age of 55 or on completion of 33 years of service, whichever comes first.
What is the news article about the retirement age of Central Government employees?
The news article suggests that the 7th Pay Commission may recommend lowering the retirement age for Central Government employees.
If reduce the retirement age to 55 or on the completion of 33 years, whichever comes first. It will be hardship for employees those who have covered maximum service and prepared a financial plan before retirement. In such cases, government should arrange one time compensation on the basis of reducing service period of employees.
Retirement age must be 60 years only ,for the purpose of benefits of Experience|knowledge may be utilize in particular departments and smooth functioning of routine works. If retirements age reduced i.e. 58 years ,A huge class of employees retired and governments have problems to pay corers of rupees as a retirements every years.
Retirement age must be 60 years only ,for the purpose of benifits of Experience|knowledge may be utilise in perticuler departments and smooth functioning of routine works. If retirements age reduced i.e. 58 years ,A huge class of employees retired and governments have problems to pay corors of rupees as a retirements every years.
3.7 is the multiplication factor of VII CPC