Why the retirement age for Central Government Employees is not increased from 60 to 62?!

Why the retirement age for Central Government Employees is not increased from 60 to 62?!

Retirement Age 62

retirment age1

Some days ago, we had posted a news paper article on the possibility of increasing the retirement age limit of scientists from 60 to 62.

Whenever we happen to read it, the question of when the retirement age for central government employees will be increased arises in our minds. Some valid reasons to justify this thought:

1) The average life span of an individual has increased

2) The age limit to get appointment in a job has also been increased

3) As per the existing MACP rules, it is slightly difficult for an employee to get a third MACP

4) The new pension scheme was introduced after 1.1.2004

5) Today, in many countries, the average retirement age is 63. When compared to this the retirement age limit in our country is 60.

In spite of all these valid reasons why the retirement age for Central Government Employees is not increased from 60 to 62 

Given below is the data sourced from Wikipedia on the retirement age limit in many countries:

 

Country

Men

Albania

65

Armenia

63

Australia

65 – 67

Austria

65

Azerbaijan

63

Belarus

60

Belgium

65

Bosnia and Herzegovina

65

Bulgaria

63

Chile

65

China

60

Croatia

65

Cyprus

65

Czech Republic

63

Colombia

62

Denmark

65–67

Estonia

63

Finland

62–68

France

62

Georgia

65

Germany

65

Greece

67

Hungary

62

Iceland

67

India

60

Ireland

65-66

Israel

67

Italy

66

Japan

55 – 65

Kazakhstan

63

Kosovo

65

Kyrgyzstan

63

Latvia

62

Liechtenstein

64

Lithuania

62.5

Luxembourg

65

Macedonia

64

Malta

61

Moldova

65

Montenegro

65

Nepal

58

Netherlands

65–67

New Zealand

65

Norway

67

Pakistan

60

Poland

65

Portugal

66

Romania

64

Russia

60

Saudi Arabia

62

Serbia

65

Singapore

65

Slovakia

62

Slovenia

63

Spain

65

Sweden

61–67

Switzerland

65

Tajikistan

63

Turkmenistan

62

Ukraine

60

United Kingdom

65

United States

62–67

Uzbekistan

60

Vietnam

60

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.