Sunday 20 July 2014

Retirement age for central govt employees to remain unchanged



There is no proposal to increase the age of retirement of central government employees from existing 60 to 62 years, the government said on Wednesday.

"No," said Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions, and in Prime Minister's Office, in a written reply to the Lok Sabha when asked whether there is any proposal under consideration of the government to raise the retirement age.


There are about 50 lakh central government employees working in various departments across the country.

The Centre raised the retirement age of its employees to 60 from 58 years way back in 1998.

Details of Lok Sabha Question :-


UNSTARRED QUESTION NO 796
ANSWERED ON 16.07.2014
Raising Retirement Age

796. SHRI M. RAJA MOHAN REDDY:
Will the PRIME MINISTER be pleased to state:



(a) whether there is any proposal under the consideration of the Government to raise the 
retirement age of Central Government employees; and

(b) if so, the details thereof?

Wednesday 2 July 2014

Next Additional Dearness Allowance Hike Almost Confirmed at 7%..


The Labour Bureau released the AICPIN points for the month of May yesterday. The AICPIN points, which had remained stagnant at 242 has increased by 2 points to touch 244 now. This has led to an increase of the Dearness Allowance for the month of May from 105.02 to 106.17.

With only one month left for the calculation of the second installment of additional Dearness Allowance of the year, one can be almost sure that it would bring a hike of 7%.

The two previous rounds of Dearness Allowance revision brought hikes of 10% each. One could sense an air of disappointment and lack of enthusiasm among the employees this time.

Another reason for the disappointment is the fact that despite the Dearness Allowance increasing by more than 100%, it has still not been merged with the basic pay. There was a lot of expectation that the new Government at the Centre will implement this much-awaited and much-expected change.

But, nothing has been done about this yet. All the employee federations continue to stress upon this change. The federations are hell bent on getting either the DA merger or an interim relief this time. Will their dream come true?

Source: CGEN.in
[http://centralgovernmentemployeesnews.in/2014/07/next-additional-dearness-allowance-hike-almost-confirmed-at-7/]