FLASH!!

SSBEA BIPARTITE MEETING CONCLUDED.STAFF HOUSING LOAN@6%.substaff 8lakhs,Clerical 12 lacks,officers 20Lacks.10%margin.Wef.01/04/2011!!!

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18 June 2010

Retiring at 65?

RETIRING at 65? Sounds incredible? For lakhs of government employees who are hoping that the UPA-II may raise the retirement age of government employees to 62 years, the 10th June’s cabinet decision to raise the Nursing teachers’ retirement age to 65 is a healthy sign that their dream may too come true in the next few years.
The decision appears like an isolated case, but the Union Cabinet’s approval to the increase superannuation age from 60 years to 65 years for the nursing teaching faculty with MSc in nursing in Central government nursing institutions, may bring hopes to many government employees approaching the retirement age.
The decision, however, came with a justification which said that there is an acute shortage of nursing teachers with post-graduate degree in nursing. As a large number of posts of teachers with MSc (Nursing) are lying vacant in the Central government Nursing Institutions, and there has been a high attrition rate, this move may prevent further exodus of nursing teachers.
Yet, it gives enough room for many government employees to probably hope and pray that the retirement age for all government employees may go upto 62.

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