"Central government Employees retirement age will be raised
from 60 to 62"
in the news papers, TV channels. blogs and social media.
With the expectation of extending the same to Bank employees.
I received many phone calls for confirmation of the news and
possibility of extending the same to us.
This news was doing arround for the past two years and at the time of cabinet meetings.
This time also news spread because tommorrow there will be a cabinet meeting.
Whether it will materilise or not, we have to wait for two days.
My personal opinion is it should not be raised.
In a country like ours, unemployment is a major issue.
Lacs and lacs of youth have finished their studies and looking for jobs.
(one third of the graduates 36% are umemployed as per statistics)
This step if taken, will stop recruitment for another two years.
Those who already enjoyed a Govt, job should pave way to new generation.
If Govt. employees feel fit enough to work beyound 60, let them come out and
start new business or a self employment or become a consultant and show theirr
intelegence in the outside world.