The government is considering an increase in the retirement age of government employees to 62 years from 60. The proposal, that would benefit a large number of central and state government employees, is being looked into by the Sixth Pay Commission. Some senior bureaucrats have already given presentations to the commission, explaining how a hike in retirement age would help the government in postponing its pension liabilities by two years. If the proposal goes through, an announcement in this regard can be expected in the Budget, sources said. A number of ministries had written to the department of personnel and training (DoPT) about increasing the retirement age for select categories. DoPT forwarded the proposals to the ministry of finance, which in turn asked the Sixth Pay Commission to look into it. The commission asked top bureaucrats to make presentations. It is understood that some state governments are in support of increase in retirement age. If the Centre decides to go ahea...
The posts listed here are from various news sources and express only early views about Seventh Pay Commission. The SPC report will be published only in April. So dont take these posts for authenticated info.