Top News

New Delhi. A big and life-changing news is coming for lakhs of government and private sector employees of the country. long standing Age Retirement Hike On the demand of this, now the murmur in the corridors of the government has intensified. In view of increasing life expectancy and the need for experienced workforce, a detailed proposal is being considered to increase the retirement age. This news will not only affect the economic condition of the current employees, but can also give a new direction to the future employment structure.

Increase in retirement age: Why is this demand happening?

Age Retirement Hike It simply means increasing the service period of employees. At present the retirement age in most of the departments is 60 years, which is now being discussed to be increased to 62 or in some special cases 65 years.

Benefits of Experience: Experts believe that at the age of 60, today’s employee is completely fit physically and mentally. Institutions should continue to benefit from his decades of experience.

commercial purpose: With increasing age, the immediate burden of pension on the government reduces and the employees also remain self-reliant by getting regular income for a long time.

Employees will get these big benefits

Due to increase in retirement limit, many benefits may fall in the lap of employees. most important financial security Is; Two or five years of additional service means higher salary and increased PF fund.

Increase in pension and gratuity: As the service period increases, the last drawn salary increases, which has a direct positive impact on the calculation of pension and gratuity.

Social prestige: Experienced employees play the role of mentor at the workplace, which provides them social and professional satisfaction.

Youth’s concerns and challenge of balance

While the employees are excited by the news, Age Retirement Hike There are apprehensions in the minds of the youth regarding this. Unemployed youth argue that if the old employees remain in post, the avenues for new recruitments may be closed.

Government’s stance: According to sources, the government is considering a ‘hybrid model’, where experience and the energy of youth can be brought together. New posts can be created to take over the services of seniors without affecting the new recruits or they can be given the role of consultants.

New rules may be implemented first in these sectors

It is believed that Age Retirement Hike The decision will be taken first in those areas where there is an acute shortage of experts:

education field: Considering the shortage of experienced professors and researchers, the age limit here can go up to 65.

health sector: This will be given priority in the health department to meet the shortage of senior doctors and medical experts.

Technical and scientific fields: Retaining experts in important institutions like defense and space is considered essential for the security of the country.