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Showing posts with the label Retirement age of teachers

No Proposal regarding raising the retirement age before the Government

No Proposal regarding raising the retirement age before the Government 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 Age 62 - Cabinet decision to increase retirement age deferred

Cabinet decision to increase retirement age deferred The government may make the announcement in the Prime Minister's 15 August address... A proposal to increase the retirement age of government employees from 60 to 62 years came to the Cabinet on Thursday but a decision was deferred. The government might make the announcement in the Prime Minister’s Independence Day address, his last before general elections in 2014. The ministry of personnel, public grievances and pensions has proposed an increase in retirement age of government employees from 60 to 62 years, top sources confirmed. There are around five million central government employees in India. The previous occassion the government raised the retirement age of central government employees was in 1998, from 58 to 60 years. The move is meant to ease the financial burden on the government in terms of its pension liabilities, sources said. The retirement age of professors in all central universities was recently raised to 65...

Retirement age of teachers increased to 65–Cabinet approved

Today PIB has published the news about the retirement age of teachers to be increased to 65 proposal has been approved by the Cabinet. As in the state institutions, as per 6th CPC recommendations the decision is taken by the Government.   The Cabinet today approved the proposal to relax the condition of enhancement of age of superannuation of teachers to 65 in state institutions for the implementation of the revised pay scales on the basis of 6th Pay Commission recommendations and become eligible for receiving Central share of 80% of the arrear payment. It also decided that reimbursement of 80% of the Central share of the arrears be paid in 2-3 instalments to those States who have already made the payment and submitted their proposals for reimbursements to the Central Government. The decision of Cabinet is expected to provide relief to teachers in State institutions with the payment of arrears. It will also benefit State Governments, who will be able to make the arrear payment i...