Must Read

Speculations put to rest, no reduction in retirement age

By IndianMandarins- 17 Dec 2015
292

speculations-put-to-rest,-no-reduction-in-retirement-age There is no proposal to reduce the retirement age of employees from 60 to 58 years. In a written reply in Rajya Sabha, Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh put to rest all speculations on retirement age reduction on Wednesday by stating that "the retirement age for Central Government employees was revised from 58-60 years in 1997 on the basis of recommendations of the fifth Central Pay Commission," and that there is no such proposal "at present" to reduce the age. On the Haryana government's move to reduce the retirement age of its employees, the Minister said "... state governments have their own service conditions for their employees." He clarified that there was no proposal to fix single retirement age limit policy in all state government's and PSU in the country."There is no such proposal at present. Age of retirement in state governments/PSUs is decided by respective state governments and board of PSUs etc depending on their requirements," Singh said.  

free stat counter

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.