7th Pay Commission Retirement age – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Fri, 05 Jul 2019 08:18:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg 7th Pay Commission Retirement age – CG Staff News https://cgstaffnews.in 32 32 Latest updates on retirement age of Central Government employees https://cgstaffnews.in/latest-updates-on-retirement-age-of-central-government-employees/ https://cgstaffnews.in/latest-updates-on-retirement-age-of-central-government-employees/#comments Sun, 19 Mar 2017 11:31:00 +0000 http://www.cgstaffnews.in/?p=9359 Read more]]> Latest updates on retirement age of Central Government employees

“Again a news is circulating in the media that the retirement age for Central Government employees is going to be raised from 60 to 62.”

At present, the retirement age for Central Government employees is 60. There is no factual basis for the news that the government is planning to increase the retirement age for Central Government employees from 60 to 62.

A familiar article about raising the retirement age first published in 2011 are being republished now in some blogs and websites.

We are presenting the following explanation after constant enquiries from our readers about this news.

There might be other reasons behind these rumours on retirement age. The recent wages revision report for the employees of the Central Public Sector Enterprises(CPSE) contain recommendations on retirement age.

But there are no such recommendations in the report of 7th Central Pay Commission for Central Government employees. Big debate also took place in 2015 about the raising the retirement age to 62. That time federations leaders also said that the recommendation on retirement age does not come under the purview of the Seventh Central Pay Commission.

The employees have now questioned the changes in the powers of the Pay Commission or Pay Revision Committee that are directly constituted by the Central Government.

Information about retirement age continues to spread like wild fire because the issue is immensely popular among the Central Government employees. Interestingly, the issue of raising the retirement age has as many supporters as detractors.

The retirement age was first increased by the Congress Government under the leadership of Jawaharlal Nehru, in 1962, from 55 to 58. The Vajpayee government, in 1998, increased the retirement age from 58 to 60.

Source: http://7thpaycommissionnews.in/

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7th Pay Commission is unlikely to recommend the lowering of the retirement age – Exclusive Article from Livemint https://cgstaffnews.in/7th-pay-commission-is-unlikely-to-recommend-the-lowering-of-the-retirement-age-exclusive-article-from-livemint/ https://cgstaffnews.in/7th-pay-commission-is-unlikely-to-recommend-the-lowering-of-the-retirement-age-exclusive-article-from-livemint/#comments Tue, 18 Aug 2015 03:14:31 +0000 http://www.cgstaffnews.in/?p=2796 Read more]]> 7th Pay Commission is unlikely to recommend the lowering of the retirement age – Exclusive Article from Livemint

Seventh Pay Commission seeks one-month extension from finance ministry

The panel headed by A.K. Mathur is unlikely to recommend lowering of the retirement age or push for lateral entry and performance-based pay

New Delhi: The Seventh Pay Commission, headed by justice A.K. Mathur, has sought a one-month extension from the finance ministry and is preparing to submit its report by the end of September. The commission is unlikely to recommend the lowering of the retirement age as rumoured earlier or push for lateral entry and performance-based pay.

The commission, set up once in every 10 years to review pay, allowances and other benefits for central government employees, was appointed by the previous government on 28 February 2014 and was asked to submit its report in 18 months, which falls on 31 August.

“There are some data points that are missing, which we hope to get by this month end. We are trying to submit the report by 20 September,” an official of the commission said, speaking on condition of anonymity.

Read more at: www.livemint.com

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