If you are worried that there will be new provision in 7th pay commission recommendation to reduce the retirement age of 33 year of service or 60 year of age which ever comes first, you need not to worry, as there is not any official information came from Indian gov agency to confirming the same.
These are all rumors. It will not be easy to implement such drastic new rule for central Gov job in India. If such rule will become valid, lakhs of gov employees will get retired before they expected.
Many people join Indian gov job at the age of around 22 year, if the retirement age of 33 year of service will become reality then the retirement age of such gov employee will be 55 year of age.
Many gov employee are not earning well at the initial year of service from salary. Large percentage of entire service life earning from salary comes from last 4-5 year of service only. So reducing retirement age of 33 year of service will have great impact on financial security of gov employee after retirement.
People can expect with high probability that there will not come such provision in 7th pay commission recommendation, but people should make their financial plan in such a way that if Gov will actuality implement this rule, they should be able to manage well financially and should be able to work on another field after retirement for more earning.
If the rule is implemented it will be great news for student who want to join Gov job, as there will be more vacancy. Young Gov employees will also get benefited as they will get fast promotion and more responsible job. Government will also get benefit from these provision if implemented as they will be able to save lot of money.
These are all rumors. It will not be easy to implement such drastic new rule for central Gov job in India. If such rule will become valid, lakhs of gov employees will get retired before they expected.
Many people join Indian gov job at the age of around 22 year, if the retirement age of 33 year of service will become reality then the retirement age of such gov employee will be 55 year of age.
Many gov employee are not earning well at the initial year of service from salary. Large percentage of entire service life earning from salary comes from last 4-5 year of service only. So reducing retirement age of 33 year of service will have great impact on financial security of gov employee after retirement.
People can expect with high probability that there will not come such provision in 7th pay commission recommendation, but people should make their financial plan in such a way that if Gov will actuality implement this rule, they should be able to manage well financially and should be able to work on another field after retirement for more earning.
If the rule is implemented it will be great news for student who want to join Gov job, as there will be more vacancy. Young Gov employees will also get benefited as they will get fast promotion and more responsible job. Government will also get benefit from these provision if implemented as they will be able to save lot of money.
