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Employees Retirement Age: Possible increase in retirement age by 2 years, proposal ready, benefits will be available soon!

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Employees Retirement Age: Possible increase in retirement age by 2 years, proposal ready, benefits will be available soon!
Employees Retirement Age: Possible increase in retirement age by 2 years, proposal ready, benefits will be available soon!

There is good news for the employees. His retirement can be increased by 2 years. Also, their retirement age can be increased to 65 years. At present, a proposal has been prepared for this. With the approval, thousands of employees will get its benefit.

Employees Retirement Age, Retirement Age Hike: There is good news for the employees. An increase in their retirement age can be seen. A proposal has been prepared for this. Under the proposal, their retirement age can be increased by 2 years. Tell that earlier the retirement age of the employees was increased in 2021.

Consider increasing the retirement age from 63 to 65 years

Big preparations are being made by the government. Under this, a proposal has been prepared to increase the retirement age of the chairman of the Life Insurance Corporation of India and the chairman of the State Bank of India. It is being considered to increase his retirement age from 63 to 65 years. At the same time, it is also expected that the retirement age of public sector bank officers can also be increased by two years to 62 years.

Preparation of officers’ retirement age of 62 years

According to a senior Finance Ministry official, the government is considering increasing the retirement age of the chairman of the Life Insurance Corporation of India and the chairman of the State Bank of India to 65 years. Along with this, the retirement age of public sector bank officers can also be increased to 62 years. A proposal has been prepared for this. Along with this, a proposal has been prepared to increase the retirement age of all bank manager directors by one or two years.

The retirement age of SBI chairman is 63 years. While the retirement age of LIC Chairman was increased to 62 years in 2021 through an amendment in Life Insurance Corporation of India Regulation 1960. The same MD’s retirement age is being estimated to increase by 2 years. The main objective of this proposal is to maintain stability in the leadership roles within the banks. Many people holding top positions are approaching the age of retirement. on which this proposal has been prepared.

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