Union government wants retirement age 62

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Union government wants retirement age 62: Rediff News

The Union Government is seriously considering raising the retirement age to 62 for Central Government employees. Obviously, if the Congress announces this before the Lok Sabha polls, it could expect a sizeable vote share. North Block, which houses the Union Ministry of Finance would be more than happy to have 62 years as the retirement age because for next two years the pension funds can accumulate. The UPA2 also wants to put the next government in fiscal tight spot, or what is called the War Room effect of the AICC.

Source: www.news.rediff.com
[http://news.rediff.com/commentary/2013/may/27/union-government-wants-retirement-age-62/bb31a983bae7063849ed4600a9e9ffbd]

Comments

  1. JAI HINDSeptember 26, 2013 at 5:57 PM

    welcome to extend to central gov. employees service for 62 year .instead of 60 years .

    ReplyDelete

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