Central government employees have definitely struck gold when it comes to getting the job of their lifetime. Getting a central government job not only ensures financial support and stability for many, but also ensures that people can look forward to a comfortable life. However, there has been a big disparity when it comes to understanding about the retirement age for the Central government employees, the whole process of 401k to gold IRA rollover can be a little overbearing.
There are a lot of rumors floating around, and the social media has definitely burst onto the scene, creating a lot more rumor mongering than what could possibly be healthy when it comes to understanding the age of retirement for central government employees.
According to the latest seventh pay commission, there is a clause on the retirement age of the employees. It indicates that a person that has served more than 33 years under the Central government employers ship, but has attained the age of 60 years would have to retire. Well, this pay commission notification has not been activated in a variety of offices across India, but this notice has definitely created ripples in the Central government employers ship. Yes, there are a lot of people that seems to be mired in ambiguity when it comes to either qualifying for the age, or for the amount of time period that they have served.
For some people, this could end up becoming extremely traumatic as well as hazardous in the near future. It is plainly for the fact that the sixth pay commission had a clear-cut mentioned that only people above the age of 60 would have to retire from the central government employers ship. However, now, people would have to calculate about the time that they have worked under the Central government, or also keep into account the age factor. Keeping both of them in check, they would have to find out whether they qualify to become a retired personnel, or they still have a few years left to them.
What is truly unsettling is the fact that there are various people under the Central government that had a clear understanding about the amount of time that is still required for them to retire. For example, your father may have still got 3 to 4 years left to attain the age of retirement according to the sixth pay commission. So, he would be planning his retirement, and ensuring that money can be saved in that pertinent format. However, with this new agenda being put forth, he might have easily attained 33 years of service, which is going to put him as a retired personnel with immediate effect. So, there goes any kind of chances that he may have in order to settle down in his life and remain like retired personnel. So, this ambiguity is not only creating a lot of problems, but this is certainly going to lay down the wrong path for a lot of people. Particularly for those people, that has been working since a very early age under the Central government, and has been gaining promotions on a regular basis.
If you go on the Internet, you realize that there are a lot of conflicting conclusions that people have come up with on the latest pay commission. However, granted that this notice is only going to hit offices around April or May 2016, there is still time for the government to clarify the situation and ensure that the people will be able to meet the criteria that they have set aside in this pay commission. This is definitely going to be a trying time, but something that is going to be a revolutionary phase in introducing new blood to the Central government offices.