Central Government is seriously considering raising the retirement age to 62

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: http://www.news.rediff.com

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About CPWD Engineers' Association

It is a great pleasure to inform you that CPWD Engineers Association has launched its Blogging page. Now this page will bring to you latest developments/activities of our Members. All efforts are being made to ensure that this website caters to the requirement of CPWD Engineers so far as their various information through this Association is concerned. In course of time this page would be the most useful source of information and would reduce the gap between the Engineers and this Association. Please must inform to other members too. This page is added for various interesting things, Important News & Activities of Association .

Posted on Thu, May 30th, 2013, in service matter. Bookmark the permalink. 3 Comments.

  1. 62 years raising planning of central employees is good planing of upa2 government .this 62 yeras extending planing is positive voting planing for upa 2 by employees and thire families in 2014 loksabha .

  2. It is very shameful if Central Govt increased the retirement age to 62 years.Unemployed Youth who are waiting for Govt job will not tolerate this nuasance & will vote against the Govt. as already has been voted against NDA Govt in 2004 general election.For benifit of few High end officer like secretaryGovt must think before incresing retirement age to 62 who has misguide the Govt regarding defering of pension benifit for two 2 years In my opinion the retirement age must be reduced to 58 , so that youth will get job .

  3. That is a good proposition,especially for the professionals & teaching faculties.

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