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Tuesday, 30 October 2012

Retirement Age For Government Employees Extension

The Government of the Pakistan extended the age of retirement from 60 to 62 years by allowing 2 year extension in the last retirement age. That mean that now a government employee can serve the government upto 62 years. The government employees specially those who were near retirement celebrated this news with excitement. The notification in this regard has been issued and the approval was taken from the President of the Pakistan instead of the Parliament. The decision was taken by the government to benefit its secretaries who were going to retire in next few months. This decision will not only save those Peoples Party secretaries but also will allow the present government to save the funds which were going in respect of pension and gratuity. The labor union strongly condemned this decision because they were considering to lower the duration of the government servant but the decision went straight opposite.
Check below for urdu version of the above news.


8 Comments:

  1. Yes Shumaila specially it is very happy news for the employees who were near retirement as well as for other employees

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  2. but rehman malik has said that this news is wrong..suggestions for the extension of retirement period is under consideration but no notification has been issued yet....

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  3. are you people sure about this...please reply coz rehman malik han condemned this news

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  4. the above news was published by the daily newspaper "The Express" dated 30-10-2012 so you can also check the concerned newspapers for making sure about the news

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  5. This comment has been removed by a blog administrator.

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  6. This is is great news for pakistani emloyers,Prices are rising day by day, in this situation govermment take good decision.

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  7. This comment has been removed by a blog administrator.

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  8. If you can set a realistic retirement age early in your career, you can plan a detailed, long-term investment strategy that will maximize your returns. retirement age

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