Retirement Age 62 and 10% DA from Jan 2014 – Cabinet expected to clear on Friday (28.202014)

Retirement Age 62 and 10% DA from Jan 2014 – Cabinet expected to clear on Friday (28.202014)

As per media news, Union cabinet is going to meet on Friday(28.2.2014) and the Cabinet is expected to clear two main agenda points in the meeting as follows…

One is Retirement Age 62: Retirement age of Central Government employees will increase by two years from 60 to 62 with effect from 1.3.2014.

Additional 10% DA from 1.1.2014 : 10% of Additional Dearness allowance from 1.1.2014 to all Central Government employees and pensioners, may be declared in the meeting.