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Kerala govt withdraws decision to hike retirement age of PSU employees

PTI
Posted on 03 Nov 2022
11:59 AM
Kerala Legislative Assembly, Thiruvananthapuram Source: Wikimedia Commons
Summary
The decision to revoke the order, issued last week, was taken during a cabinet meeting chaired by Chief Minister Pinarayi Vijayan
The controversial order to enhance the retirement age of state PSUs was issued based on the recommendations of an expert committee

After coming under fire from opposition parties, the CPI(M)-led LDF government on Wednesday announced a rollback of its decision to enhance the retirement age of employees of all state PSUs to 60 years.

The decision to revoke the order, issued last week, was taken during a cabinet meeting chaired by Chief Minister Pinarayi Vijayan here.

"The cabinet meeting decided to freeze the order enhancing the retirement age of employees of the public sector undertakings to 60 years. Further action will be decided later," a CMO statement said here.

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Terming the government's latest decision as a "victory of the opposition", Leader of Opposition in the state Assembly V D Satheesan urged the government to withdraw the order altogether.

"The move to enhance the retirement age was wrong and done without considering the social circumstances and the uncertainty prevailing in the employment sector," he told reporters here.

The controversial order to enhance the retirement age of state PSUs was issued on Saturday based on the recommendations of an expert committee, which conducted a comprehensive study on the formulation of a common framework for the pay/ wage structure of PSUs in the state except for Kerala State Electricity Board, Kerala State Road Transport Corporation and Kerala Water Authority.

The expert committee had recommended the enhancement of the retirement age of employees of all state PSUs uniformly to 60 as in the case of central PSUs.

Last updated on 03 Nov 2022
11:59 AM
Education News Students Kerala PSU Indian Education System government employees Retirement
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