Thursday, March 20, 2014

Retirement at 65

Retirement age at 65
The  Standing Committee of Parliament on  Social Justice and Empowerment  has  urged the Central Govt to raise the retirement age of Govt servants from 60 years to 65 years.   They noted that  growing life span was adding to the need for “productive ageing”.  They also reminded that Senior Citizens would form 12.4 % of  our population  in 2026 (up from 7.5 % in 2001 ).  The Committee aid “ We feel that  with the increase in life expectancy and relatively better stae of health of people, the Govt needs to look at continuity of employment upto 65 years”.

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