Retirement Age 62, Merger of DA, Scrapping of NPS, inclusion of federation leaders in 7th CPC etc. – Memorandum submitted to PM
A confederation of recognised federations has submitted a memorandum to Prime Minister Manmohan Singh putting forth demands like extention of the age of superannuation of Central Government employees to 62 years.
Other demands of the federations include scrapping of the new pension scheme, inclusion of departmental nominees and federation leaders in the Seventh Pay Commission, merger of 50 per cent of DA with basic pay, etc.
Source : www.newindianexpress.com
[http://www.newindianexpress.com/cities/kochi/Memorandum-Submitted/2014/01/06/article1985108.ece]
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Retirement age 60yaers of ageor 33 years of service is not a correct decision if proposed. People plan for children marriage commitments and house building loan plans etc.it would be a great blow for employees who are at the verge of retirement. Sudden decisions leads to drastic results.please donot attempt,