Improvement of retirement age of PSU Bank Officers

Improvement of retirement age of PSU Bank Officers The CEO&MD and DMD of Industrial Finance Corporation of India Ltd. (IFCI Ltd.) were appointed with effect from 12.12.2013 for a period of three years. IFCI became a Government Company with effect from 07.04.2015. The Appointments Committee of Cabinet has approved the continuation of CEO&MD and DMD … Read more

Punjab offers extension for retiring employees

Punjab offers extension for retiring employees Chandigarh, October 26, 2015 : The Punjab Cabinet today, decided that the government employee seeking extension in service would be entitled to pay equivalent to his last drawn salary only. Such employees would not be eligible for any promotion and annual increment during the extended service period. Source: http://postalinspectors.blogspot.in/2015/10/punjab-offers-extension-for-retiring.html

Retirement Age Controversy Begins Again

Retirement Age of Central Government Employees Controversy Begins Again Retirement Age Controversy Begins Again “Retirement age for Central Government employees is 60 years now. It was raised to 60 from 58 in 1998 when the then NDA Government led by Atal Bihari Vajpayee” Last year, there were rumours that the centre was planning to raise the … Read more

60,000 Officers / Junior Commissioned Officers and Other Ranks retire from the Armed Forces every year

Imparting any training to the Armed Forces personnel before their retirement – Minister replied in Parliament Imparting of training to retiring Armed Forces personnel While answering to a question in Rajya Sabha on 17th March 2015 regarding the imparting of training to retiring Armed Forces personnel and particularly before their retirement. The Minister of State … Read more