India – Modi Govt is planning to reduce Retirement Age from 60 to 58: Financial Express News

In a move that would help curb the relentless increase in the Centre’s non-Plan spending and ease the way for infusion of more young blood and professionalism into the country’s largely moribund bureaucracy, the Narendra Modi government is planning to reduce the retirement age of central government employees from the present 60 to 58.

The move that comes at a time when the Seventh Pay Commission is mulling another sharp boost to the pay structure of the Centre’s 5-million-strong workforce is also aimed at creating the requisite space for lateral entry of technically qualified professionals into the government, official sources told FE.
Learn more » http://karnmk.blogspot.ca/2014/11/plan-to-reduce-retirement-age-from-60-to-58.html
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