"No plan to increase retirement age of employees" - PTI Report

"No plan to increase retirement age of employees"- PTI Report

New Delhi, Jun 16 (PTI) Central government employees are in for a disappointment as the Centre is at present not considering any move to raise the retirement age to 62 years.

A senior official in the Ministry of Personnel, Public Grievances and Pensions, which acts as nodal department for personnel matters, said there was no such proposal to increase the age for superannuation of government employees.


"There is no proposal to increase the retirement age to 62 from 60 years".

Source: PTI News
[http://www.ptinews.com/news/3724917_-No-plan-to-increase-retirement-age-of-employees-]

Comments

Anonymous said…
very good decision ,in fact retirement age should be reduce further to 55 in order to create job opportunity for young and youth people of India .

krishna
June 17, 2013 at 12:28 PM
Anonymous said…
very good decision because few employees in various institute are simply sitting and monthly getting.
June 25, 2013 at 12:10 PM
Unknown said…
Very good decision
June 25, 2013 at 9:03 PM
Anonymous said…
a very bad decision.The question is not on employment generation but the question is the government will loose the talented pool of emplyees which is lon run knows the fuctioning of there respective department.This comes in handy at a time when the pressure is increasing on the government departments with increasing population.Really a bad and disappointing decision at the end.
June 26, 2013 at 12:43 PM
jambu said…
very good decision.

Jambulingam
STQC
June 26, 2013 at 1:27 PM
Unknown said…
In fact in view of huge unemloyment the retirement of all services whether public or private should be uniform so as to avoid discrimination and must not be increased.
June 26, 2013 at 8:15 PM
Anonymous said…
Happy to know that Centre Government is at present not considering any move to raise the retirement age to 62 years. In overall community of Govt. employees actually wish to get retired after 58 years. government should think in that way and not to raise the age limit. Only a staff who do not work and take a salary may wish to work up to 62 yrs or 65 yrs. Its true to my knowledge. Thanks to government. I also wish that government may give us 7th CPC in time.
June 27, 2013 at 12:11 PM
Anonymous said…
Very good decision.
June 27, 2013 at 4:56 PM
Anonymous said…
Should not consider for upper age for central govt employees, because if considered, unemployment will grow up.
June 27, 2013 at 5:20 PM
subhashchandra said…
The Government should also consider ban upon reappointment of retired employees on contract basis as it is effecting edversly upon the job opportunities of young generation. No body is indepensible.
June 29, 2013 at 9:35 AM
Anonymous said…
Experienced people losing in the government departments. some other countries have increased retirement age 65, 70. even madypradesh might have increased to 62 years. govt. also save lots of settlement money. New appointments also will get age benefits, if increasing the retirement age 2-5 years, appointment age also must increase.
and utilize experience in future deployments of the country. our govt. also running quite aged Indian nationals. if really want to fix the age, first have to fix the politicians age, than govt. Servants.
July 1, 2013 at 12:05 PM
kishan datt said…
It is an opportune to raise retirement age to 62 according to average life span. It is myth to say that this will give unemployment to youths in govt. jobs. This will save crores of rupees on payment of pensions to retiring employees.
July 1, 2013 at 5:13 PM
Ashish LLB said…
100% right decision, ofcourse if a employee did his job for 10 years he is quite experienced about the organisation and the 60 years old employee can't even memorise the things properly, then how could he/she will do the good job for the organisation, they need the physical and mental rest at the age of 60, so the current rules and relulation by govt. is void no need to change it, as I suppose.
July 7, 2013 at 12:02 PM
Anonymous said…
Good decision to raise superannuation to 62. This would curb fiscal deficit of the govt. on payment of lump sum payments to retiring. Further experienced employee brings efficiency.
July 8, 2013 at 5:55 PM
Anonymous said…
Consider to raise retirement age upto 62. Experienced employees performs better than young. Upto 65 years people remains physically and mentally fit.
July 8, 2013 at 6:05 PM
Nilima K. Rao said…
The decision of not increasing central govt. employees retirement age to 62 is very disheartening. The retirement age of govt. servants in many developed countries viz. UK etc. are 65 years because they know that this is the best time to work as people at this age are more responsible, matured, experienced and on the top of it are tension/liability free, to concentrate whole heartedly on their duty. Reg. employment to youth, it is a well known fact that today's youth are very ambitious and are not contented with lower salary as paid by Govt. compared to private sector. Hence they prefer joining private sector rather than govt. Keeping in view the above facts the Govt. must give a second thought and considering increasing the retirement age of central govt. employees to 62 years.
July 9, 2013 at 1:12 PM
Anonymous said…
Increase in retirement age has nothing to do with decreasing employment. Retirement age increased in the past did not create unemployment. Computerisation scared people of reduction of jobs but it created more and more job opportunities and reduced unemployment.
Increase in unemployment is rather affected by various factors such as low growth strategies of organisation, unskilled workforce and obsolete developmental plans.
The recent report as reflected in TOI that 12.3 million youth are unemployed in India and that unemployment has risen by 10 % in the last two to three years, is not because there was increase of Central Govt employees retirement age from 58 – 60 but because of an acute failure of model of development. When the benefits of development are not reaching a sizeable section of the populace, the growth rate reduces. Last two decades have witnessed a transition from traditional banking to modern technology driven banking. Exposure to competition has made these banks re-engineer and restructure their processes, systems and product lines. It has created more job opportunities. Similar has been the case with IT sectors which are re-modelling their growth strategies time and again in accordance with the market trends and we have seen huge chunk is employed in this sector. Some growing public sectors ( Nav ratna) are also examples which have time and again re-adopted and re-modelled their development plans and growth strategies to create more job opportunities.
July 10, 2013 at 9:17 PM
Anonymous said…
Very good decision ,govt may think to reduce the age further to 58 to create the job chances to young Indians who can work efficiently.

Vishwas
July 11, 2013 at 12:50 PM
Anonymous said…
very bad decision
July 13, 2013 at 3:40 PM
Anonymous said…
very good decision .govt may think to reduce retirement age further to 55 .
krishna
July 17, 2013 at 2:01 PM
VInay said…
If the govt is not increasing the retirement age, then it is a very wise decision. Instead, it should consider for reducing the retirement age to 55 or 58 years. This is only way to throw away the old junk. They are not updated with latest technology and also they want to remain like that only so that they need not to do any work.
July 22, 2013 at 12:51 PM
Unknown said…
very good decision for unemployed
youngster
July 26, 2013 at 2:04 PM
Anonymous said…
Very good decision .Govt should think to reduce the retirement age further to 55 for getting the chance for young Indians.who will work more effectively than old people.
Anil
August 1, 2013 at 2:18 PM
Anonymous said…
Very good decision
shreeram
August 1, 2013 at 2:19 PM
Unknown said…
Neither bad news nor good news.
what young generation thinks?lot of people sitting idle and getting money
without job. Really when I was in private sector I was thinking like others. However when I joined In govt. I found I was right partially.
Why not fully? because my thought was when old fellow will out and young people will in then scenario will be changed but actually not.Young fellow are following only old and this will go on
August 1, 2013 at 8:45 PM
Anonymous said…
sunita

Not a good decision, retirement age should be increased to 62 yrs on basis of performance of the govt servant. pl. don't spell words like 'throw away old junk',are you not going to become old as your parents.at this stage of inflation in prices one cannot remain alive on pension.
August 2, 2013 at 1:23 AM
Anonymous said…
The actual age should be dependent on individual's output. Inefficient people should be removed any time. I am Scientist Engineer in bhabha atomic research center. In general, my output/responsibility is 4 times less than L&T employees, though I am on fast track promotion and my performance is more than my colleagues. Output of CG employee should be compared with private company employee output, salary etc. Make CMD of Tata/Infosys/TCS/Godrej/L&T the director of BARC and let them take decision. If I can increase my output then I will get satisfaction that I am returning to countrymen in return to my salary which is coming from tax from them.
August 13, 2013 at 9:25 AM
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