Saturday, December 20, 2014

No reduction in retirement age.

As per the ministry of personnel, public grievance & pensions, there is no proposal under consideration of govt. to reduce the retirement age from 60 to 58 years for its employees.

The retirement age for central govt. employees was revised from 58 to 60 years in 1997 on the basis of recommendations of the 5th pay commission.

The Centre"s total wages and salaries bill for its employees for the year 2010-11, 2011-12, and 2012-13 was Rs. 85,963.50 crore, Rs. 92,264.88 crores Rs 1,04,759.71 crore, respectively.

This was stated by the Minister of state for personnel, Public grievance & pensions, Dr. Jitendra singh in a written reply to Sardar sukhdev singh Dhindsa, Dr. subbaramireddy and Smt. Ambica soni in Rajyasabha on 18.12.2014. (ID No. 113622)

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