Main govt workers are in for a frustration as the Center is at the moment not considering any shift to increase the pension age to 62 decades.
A mature formal in the secretary of state for employees, community issues and retirement benefits, which functions as nodal division for employees issues, said there was no such offer to improve the age for superannuation of govt workers.
"There is no offer to improve the pension age to 62 from 60 decades. The ministry is not operating on any such offer," the formal said.
Recent press reviews stated that the ministry has published to PMO for improving the pension age and desired the Partnership Cabinet's nod for the objective.
There are about 50 lakh Main govt workers operating in various divisions across the nation.
Officials in the ministry said improving pension age needs a specific assessment with all share owners and conversation with the fund ministry.
Without the fund ministry's authorization, the issue cannot not be prepared, they said.
At a time when govt is operating on austerity generate by reducing expenses and placing in initiatives to control in existing consideration lack (CAD), the shift to improve pension age will also pressure the exchequer's pet, they said.
The CAD, which is the distinction between the influx and output of forex, had moved a history great of 6.7% in the October-December one fourth of 2012-13 on the back again of improving oil and silver imports.
The pension age for a greater part of central govt workers is 60 decades. However, the age for pension in situation of instructors and researchers is 62 decades.Posted by viswa mandalapu
Source:http://timesofindia.indiatimes.com/india/No-plan-to-increase-retirement-age-of-govt-employees-Govt/articleshow/20615092.cms
A mature formal in the secretary of state for employees, community issues and retirement benefits, which functions as nodal division for employees issues, said there was no such offer to improve the age for superannuation of govt workers.
"There is no offer to improve the pension age to 62 from 60 decades. The ministry is not operating on any such offer," the formal said.
Recent press reviews stated that the ministry has published to PMO for improving the pension age and desired the Partnership Cabinet's nod for the objective.
There are about 50 lakh Main govt workers operating in various divisions across the nation.
Officials in the ministry said improving pension age needs a specific assessment with all share owners and conversation with the fund ministry.
Without the fund ministry's authorization, the issue cannot not be prepared, they said.
At a time when govt is operating on austerity generate by reducing expenses and placing in initiatives to control in existing consideration lack (CAD), the shift to improve pension age will also pressure the exchequer's pet, they said.
The CAD, which is the distinction between the influx and output of forex, had moved a history great of 6.7% in the October-December one fourth of 2012-13 on the back again of improving oil and silver imports.
The pension age for a greater part of central govt workers is 60 decades. However, the age for pension in situation of instructors and researchers is 62 decades.Posted by viswa mandalapu
Source:http://timesofindia.indiatimes.com/india/No-plan-to-increase-retirement-age-of-govt-employees-Govt/articleshow/20615092.cms
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