Wednesday, May 29, 2013

Central Govt. considering retirement age hike

Retirement age to be increased ?
The Union Government is seriously considering raising the retirement age to 62 for Central Government employees. Obviously, if the Congress announces this before the Lok Sabha polls, it could expect a sizeable vote share. North Block, which houses the Union Ministry of Finance would be more than happy to have 62 years as the retirement age because for next two years the pension funds can accumulate. The UPA2 also wants to put the next government in fiscal tight spot, or what is called the War Room effect of the AICC. 
News Source : Rediff News
Click here to view Mr Bibek Debroy's article in Economic Times.


Anonymous said...

This appears to be a foolish idea as it will not bring any additional votes.

Anonymous said...

simply against younger generation instead govt should reduse the age to 58 years .In the eara of comutarisation present employees not not capable to work efficiently on computer

Anonymous said...

yes, it is right decision to reduce the age to 58

Anonymous said...

instead,govt can recruit more youngsters as most of the seniors are overloaded

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