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Will the Retirement age of central government employees go up from 60 to 62?

February 10, 2014 admin 2 Comments

Will the Retirement age of central government employees go up from 60 to 62?

As we heard every time before the budget session of parliament, this time also a rumor about raising the retirement age of central government employees from 60 to 62 is spreading here and there among the central government employees. May be the officers at the verge of retirement be happy about this rumor. Otherwise there is no reason to be happy about this rumor.

As India is having 51% of people below the age of 25 years , it is not a good news to millions of jobless people. Sources close to the trade union movements and Federations told that there is no such proposal with the government since none of the workers federations have demanded it.

In 2009, The Manmohan Singh government was serious in weighing the pros and cons of increasing the retirement age for government employees from 60 to 62 years.That time it was believed that the finance ministry had prepared a detailed note on the issue and sent it to the prime minister’s office (PMO) But the government shelved the idea, largely because of fears that a higher retirement age would adversely impact employment generation and create resentment in the bureaucracy because of blocked promotional avenues. At that time, it was the Department of Personnel and Training (DoPT) that was asked by the PMO to study the issue and prepare a report.

The BJP led National Democratic Alliance government had raised the retirement age from 58 to 60, in 1998, a move that benefitted 90,000 government servants and 50,000 defence personnel. At the time, the logic was: the retirement of 140,000 employees would have cost Rs 5,200 crore whereas paying salaries cost only Rs 1,493 crore.

Incase if the decision is finally taken, it will only be the third time the government will have raised the retirement age. Jawaharlal Nehru was the first prime minister to have increased the age of superannuation from 55 to 58 following the 1962 war with China. The Atal Bihari Vajpayee government did it a second time in 1998.

Source: Vinmoney

Related updates:

    Retirement Date Calculator for Central Government Employees 2025

Filed Under: Retirement, Retirement age

Comments

  1. jyoti singh says

    January 21, 2017 at 12:34 pm

    retirement age har haal me badhna chahiye ,kai saalon se ye mang uthai ja rahi hai par abhi tak koi hal nahi nikla hai .Employee pareshan ho chuke hain evum hald se jald iss mamle me retirement age 65 honi chahiye central govt employees ki.

    Reply
  2. Dheerendra says

    October 30, 2015 at 9:49 am

    Modi gov ka yam pahla comisson hi jo employ ko deni ja rahi hi isliye sarkar ko employ ki mago ko dhyanme rakhkar unki retirement age badakar unhe motivate kare ki gov unke sath hi age badakr 65 Ki jay employ ko pura bharosa hi ki gov unki mage puri karengi aur 2800 3200 3600 Grade pe walo ko 4600 kiya jay unhe 2 class ka darza mile modi ji ki jai

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