Central Government Employees Retirement age Increased
Retirement Age Increase 2024: The Government of India has taken a big decision to increase the retirement age of central employees. It has been decided to increase the retirement age by 2 years. This decision will benefit lakhs of government employees and they will now be able to work till the age of 62. This step has been taken in the interest of the employees so that they can serve for a longer period and give the benefit of their experience to the country.
This decision will not only benefit the employees but will also benefit the government. Getting the services of experienced employees for a longer period will improve administration and the cost of training new employees will also be reduced. Also, the expenditure on pension will also be reduced because employees will start taking pension after 2 years.
Decision to increase retirement age
The government was considering this proposal for a long time and now it has been approved in the cabinet meeting. This decision will come into effect from April 1, 2025. This means that all central employees retiring after April 1, 2025 will get its benefit.
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