No increase in Retirement Age - Government

Government today denied that there is any proposal to increase the retirement of the Central Government Employees.

Following is the text of the Press Statement issued by the Department of Personnel & Training, Ministry of Personnel, Public Grievances and Pensions today, to clarify that there is no proposal before the Government regarding raising the retirement age of Central Government employees from 60 years to 62 years :-

“Attention of the Government has been drawn to reports appearing in some
sections of the media regarding raising the retirement age of Central Government
employees from 60 to 62 years. In order to put at rest all such speculations, it
is clarified that there is no such proposal before the Government.”

Retirement issue sent to CPC : FM

Finance Minister P.Chidambaram informed the Lok Sabha on Friday (23/11/2007) the the Sixth Central Pay Commission (CPC) is expected to give its report before 4th April 2008. Finance Minister said that while the specific issue of retirement age did not figure in the terms of the Pay Commission, the government, however, had forwarded references of the matter to Pay Commission for examination. Altlthough the Pay Commissionm, set up last year has not been asked to consider the issue of raising the retirement age from 60, the commission is assessing existing and future liabilities for government on pay and pensions over next 3 to 4 decades. To ensure that the state governments are able to take the impact of any wage revision, the Pay Commission has also sent a questionnaire seeking details on several counts.