The attention of all central government employees is on the 7th Pay commission which is going to be implemented on 01/01/2016. We come to hear that the meetings convened to know the demands of the employee federations of various departments have come to an end and in the month of August, the commission is going to submit its recommendations to the government.
When all this is happening on one side,
there is an unknown sense of fear and unease in the minds of the central
government employees. The reason for this is the thought that there
might a change in the retirement age of employees. Will the retirement
age be reduced? Nobody could stop this question from arising in the
minds of employees. Even when the government has clearly announced that
the retirement age will not be reduced, there is still doubt and
confusion in the minds of the employees.
Nation's economic growth; employment for
youth and the increase of work efficiency in offices and factories
thereby can happen but at the same time thousands of employee families
will be very adversely affected.
In order to repay: the housing loan
installment applied with the desire of owning a house, the loan arranged
for children's betterment, the money owed due to marriage expenses, the
employees would have considered their service period as extending up to
the age of 60. When the retirement age is suddenly reduced, the
consequences appear unthinkably terrifying.
Everybody really accepts that graduated
and unemployed youth should be given jobs. No doubt, in a country like
ours which has lakhs of unemployed youth, a reduction of retirement age
will be desirable.
Considering the future of India, a new
pension scheme was introduced and is in force now for the employees who
joined after 1/1/2004, like this for those who join employment after a
certain date (for example, from 1.1.2016), the retirement age can be
reduced from 60 to 58 or even to 56. Nobody will be affected due to
this. Those who join service, will know their retirement age well before
and so will make their future plans accordingly. Due to this method,
there is no problem for the employees who are in service presently.
Also, the new employees will not be affected. If the government has
plans of reducing retirement age this can be a suitable solution.
S.RAVI
Source : http://centralgovernmentemployeesportal.blogspot.in/2015/06/reducing-retirement-age-for-central.html
