It has been seen that one of the
long time waging demand of raising the retirement age of govt employees has
finally caught afire
Through the Medias and blogging
sites re abound with news that the cabinet would announce news regarding the
retirement age yet it has not been finalizes
Even then it has been come to known
that a favorable decision would be put forth regarding this issue due to the
oncoming lok sabha and three state assembly elections.
In India the retirement ages of most
of the state government employees range from 58 to 60. This is low in
comparison to the government employees of foreign nation.
We shall see the effect of raising
the retirement age in the following passage
Advantage
1. If only 7th pay
commission would be implemented in the year 2016 those retiring in the year
span 2014 -2016 would be greatly benefitted.
2. Economically the employees would
be in better position due to this rise of the age of superannuation
3. The pension amount and the other
beneficiaries would also increase along side
4. There this chance of imparting
fruitful experience to the subordinates or new recruit by those benefitted by
rise in retirement age
5. More over there is chance of
getting an additional MACP by the central govt employees
6. A good health psychological
effect would prevail in their minds due to this boon of rising their
Retirement age and thus removing
their fatigue
Disadvantage
1. Promotion would be greatly
affected due to no retirement in the long span
2. Unemployment would come in to
being due to the increase in retirement age
3. Output of work would be greatly
affected if the retirement age of unhealthy employees would be increased.
This announcement would not be
received in praise among those searching for employment in general
Moreover among the retirement
employees this decision is receiving a mixed response as some welcome while
others detest it
