The government is planning to extend the retirement age of all central government employees by two years — from the current 60 to 62 years. Sources said that an in-principle decision has been taken in this regard and the department of personnel and training (DoPT) has begun the work to implement the same. A formal announcement to this effect is expected this year itself.
The last time the government extended the retirement age of central government employees was in 1998. It was also a two-year extension from 58. This was preceded by the implementation of the 5th Pay Commission, which had put severe strain on government’s finances. Subsequently, all state governments followed the Centre’s policy by extending the retirement age by two years. Public sector undertakings followed suit too.
The decision to extend the retirement age is well-timed both politically and economically.
The UPA government reckons the move would be a masterstroke. At a time when it is buffeted by several corruption cases, it is felt that the extension of the retirement age will go down well with the middle classes. Economically also, the move makes sense because by deferring payment of lump sum retirement benefits for a large number of employees by two years, the government would be able to manage its finances better.
“An in-principle decision has been taken to increase the retirement age by two years within this year itself. This would reduce the burden on the fisc from one-time payment of retirement benefits for employees including defence and railways personnel,” an official involved in the discussion said. With the fiscal consolidation high on the government’s agenda, this deferment would come handy.
There’s some flip side too if the retirement age is extended by two years. Those officials empanelled as secretaries and joint secretaries would have to wait longer to actually get the posts. And of course, there is the issue of average age profile of the civil servants being turning north.
It is also felt that any extension is not being fair with a bulk of people who still look for jobs in the government.
However, officials point out that at least it prevents an influential section of the bureaucracy to hanker for post-retirement jobs with the government like chairmanship of regulatory bodies or tribunals.
“As it is, a sizeable section of senior civil servants work for three to five years after the retirement in some capacity or the other in the government,” said a senior government official. The retirement age of college teachers and judges are also beyond 60.
As per a study, the future pension outgo for the existing Central and State government employees is estimated at a staggering R1,735,527 crore or 55.88% of GDP at market prices of 2004-05
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sukesh
Railway loco pilot retirement age is 55yrs
sukesh
Retirement age is 55yrs
SUBODH KR SARKAR
the dicision is very harmfull for the youth of indian in future
L.P.Datta
I rather confused actually date of effect of enhanced retirement age.Sr. Employees of Indian Rail viz Asst. Controller/ Controller those who are going to retire by Sept- Oct’13 will be able to get the benefit?
Pramod thakur
i would like to thank the UPA govt. And welcome to this dicision .
saleem ahmed
this is good decision
jsrinivas
In organisations like railways and other transportation sector, safety of the travelling public shall be the paramount importance. While taking such a decision, the government shall think twice and it would be better if such employees in safety categories be retired at the age of 60 years as usual with a financial benefit for the rest of proposed two years enhancement in retirement age then it would not feel them deprived. Such a decision would uphold the spirit and purpose of schemes like liberalised active retireme scheme for guaranteed employement for safety staff
Dipak pal
The decision of Indian government is very good.I hope it will be declared very soon.
Hem ch. Borah
It is a very good decision and should be initiated soon by govt of India.
ramgopal dubey
The decision of the government to increase the retirement age from 60 to 62 will be appreciared by all quarter.Most of the Central Govt employees are still eager to serve effectively and effciently in this age.It will be a good gesture for the present govt.It will be awelcome decision for the EX-Servicemen who have joined at various post in govt Deptt.I am personally of the view that this extension Will be of paramont importance for the Govt to Extend the retirement age as early as possibly. Ex-Serviemen Will be mostly benefitted and will also boost the Moral of the serving soldiers.This should be taken into account. A good welcome decision by the govt. but fast fast fast fast fast fast……………..
S B
The descision is very good but when will it be implemented………..
plz implement it fassssstttttttttttttttttttt…………
salim
I want to know what is the age of railways empoly any one tell me.
srikanth
WHEN WE CAN EXPECT THE RESULT OF EXTENSION OF 60 TO 62 FOR THE RETIREMENT OF AGE.
SANJAY KUMAR PRASAD
DCJON IS GUD EXCEPT SAFTY CATEGORY IN RLY LIKE RUNNING STAFF DRIVER,GUARD ,OPRATING,ENGG
sumit
whn wil it be declared?
prem Sagar Singh
This decision will be good for the Central Govt.employees
prem Sagar Singh
The decision of the government to increase the retirement age from 60 to 62 will be appreciared by all quarter.Most of the Central Govt employees are still eager to serve effectively and effciently in this age.It will be a good gesture for the present govt.It will be awelcome decision for the EX-Servicemen who have joined at various post in govt Deptt.I am personally of the view that this extension Will be of paramont importance for the Govt to Extend the retirement age as early as possibly. Ex-Serviemen Will be mostly benefitted and will also boost the Moral of the serving soldiers.This should be taken into account. A good welcome decision by the govt.
SURAJ
I am very happy that my father can help people 2 year more in post department . my father is a postman
Joyshree Das
I feel that its a very gud decisn taken by d govt. It should get formally announced as soon as possible. 2years is not a short period,hence it wil b a great relief for those employees who are the only earners of their family..therefore,govt. should implement it as soon as posible.by this decisn they can improve d financial positn of d needy citizens of d country 2 sum extent.
Arun kumar Mukherjee
No requirement to extend service age when there are a large number unemployed people are hankering for new service .Sixty years of age is sufficient in my opinion.
praveen kumari
the agelimit of retirement for central govt. women employees should be 58 years as the women have more responsibilities than men.
I C RAVI
The Decision taken by the central government employees retirement age to be extended by 2 YEARS TO 62 is very good ON May 12 2011 at 8:06
ssreddy
The decision of the Government must be announced soon, so that employees who are going to retire in a month or so can plan accordingly.
ncs
The given reason to enhance age of retirement by two years that it would reduce the burden on the fisc from one-time payment of retirement benefits for employees seems to be funny because as per government announcements from time to time country’s financial is quite strong.
Ramnath
the decision taken by the Govt. is not so good, one side govt. increase the age of retirement and other side CPSU,PSU facing financial crisis and some are hanging for closer and employee not getting salary the govt says they earn from own sources, central govt stat govt. employee are they earning in any manner?????. in the CPSU PSU employee workers taking VRS due to non availability of monthly salary. and what new commerce will do . main reason behind this ” ELECTION ARE COMING “
srividya sutradhar
It is a very good decision. Because nowadays youngsters are not come forward to work in Govt. jobs. They all are going to IT sector. Nobody knows the paper work. When the Govt. will announce for implementation. This is very big gift for those are working sincerely. Praying GOD for the earlier order.
Tapas Chaudhary
The decision taken by the central Government is good for other than safety category railway employees only. In addition to this the age limitation may please be extended for the recruitment of new employees.
G.S.R.Murty
The decision is not so good for safety category railway employees such as running staff, operating staff and engineering staff.
Krishna Ray
Extension of 2 years service from 60 to 62 years of Central Govt. Employees is highly appreciated provided the formal announcement is made by the government.
K.P.Mathur
Employees of Navodaya Vidyalay Samiti have not been given option for ccs pension 1972 (GPF)since inception 1986 and the scheme was closed in 2004. As such retirement age of all employees should be raised to 65 years . Govt should think to bring them in CCS pension scheme who were there in service till 1-4-2009 as the new ly appointed employees are covered in New Pension Scheme.
Susil Kumar Ray
It is appreciated if the Govt. approves 2 years extension of service from 60 to 62 yrs. At the same it requires to enhance the recruitment ages in different categories by 2 years simultaneously so that young generation will get 2 years more time for prepartion in entering competition in govt. sectors as well as private sectors.
KG Pillai
The retirement age can be enhanced to 62 years along with a special finanial package for those who want to quit at 60 and the vacancies may be filled up by new recruitment so that the discontentment among the youth will go away and in the meantime the social security can be fulfilled by the long served employees.
Aarti
If govt decides to increase the retirement age of central govt employee, I think it will be the best gift for all who are getting retired this year. Govt should not wait to anounce as people who are getting retired in a month or two can also be benefited.
Its a very good decision I strongly believe.
KARTAR SINGH
I think its a great decision because all the senior citizens are like the key employees for the country and they have the capability to sortout the problems in the organization.
THANKS.
Ravi Mehta
The given reason to enhance age of retirement by two years that it would reduce the burden on the fisc from one-time payment of retirement benefits for employees seems to be funny because as per government announcements from time to time country’s financial is quite strong. The Govt should not ignore the fact that fresh blood is now quite willing to join government jobs particularly after revision of pay structure as a result of 6th CPC. I think that instead of playing with vote bank theory, govt should refrain such move, which I think, would demoralize the fresh blood………
Victor Choudhary
when the central govt. will give a formal annocement about excceding the age from 60 to 62 years….
venkatesh murthy b.m
if central government employees makes 62 years of service, what is the age limitation of new recruitment.
gms rao
The decision taken by the Government is excellent. Sr. Citizens are a treasure to our society. They have worked hard all these years for the development of the Nation as well as the community. They possess a vast experinece in different walks of life.
Governmetn should impose act on private industries too. Under the umberella of Tata Group of Companies – like steel, automobile and software etc. should implement.