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KP increases retirement age to 63 years

Discussion in 'Pakistan Economy' started by ghazi52, Jun 16, 2019.

  1. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    KP cabinet increases retirement age to 63 years to save Rs24bn annually
    June 15, 2019


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    The decision was made during a meeting of the provincial cabinet, which Chief Minister Mahmood Khan (C) chaired.

    PESHAWAR: The Khyber Pakhtunkhwa government on Friday approved an increase in the age of retirement for its employees from 60 years to 63 years to save Rs 24 billion annually.

    The decision was made during a meeting of the provincial cabinet, which Chief Minister Mahmood Khan chaired here.

    Information minister Shaukat Ali Yousafzai told reporters afterward that the retirement age for government employees in India’s education and health sector was 65 years, while employees in some countries retired at the age of 67 years.

    CM sets 15 days deadline to enforce ban on plastic bags

    He said under Article 240(b) of the Constitution, the provincial government had the power to legislate in the provincial assembly on the matter.

    The minister said initially, the Civil Servant Act, 1973, had fixed the retirement age for government employees at 50, which was later enhanced to 60.

    He said with life expectancy in Pakistan increasing from 55 years in 1973 to 63 years in 2018, around 5,000 employees reached the age of superannuation every year, while the rate of premature retirement was around 50/50.

    The minister said the chief minister expressed concern about the non-implementation of ban on the use of plastic bags in the province and set 15 days deadline to enforce the ban.

    The cabinet also approved a compensation package for the conflict-affected residents of Mirali Bazaar in North Waziristan tribal district, where shops were pulled down during the military operation against terrorists.

    The minister said the leave policy for project employees was also approved, who could avail 15 casual leaves and 45 earned leaves annually. He added that the competent authority could grant five days casual leave to the subordinate staff.

    The cabinet also sought a fresh meeting of the task force formed in response to a suo moto action of the Supreme Court on growing population in the country.

    The population department presented suggestions of the required finances of around Rs3.2 billion for the implementation of the Population Action Plan with the consultation of other related departments, which was approved by the provincial cabinet.

    The cabinet accepted the request of the Peshawar High Court for the conversion of the old records since 1901 into soft files and disposing of them and similar papers.

    The minister said the cabinet recommended the presentation of two resolutions in the provincial assembly under Article 144 of the Constitution regarding the Christian Marriage (Amendment) Bill, 2018, and Divorce Amendment Bill, 2018, on the request of the federal government for amending the Divorce Act, 1826, and Christian Marriage Act, 1872.

    The supplementary grant of Rs 510 million for the establishment of Nowshera Medical College was conditionally approved by the provincial cabinet.

    The minister said the cabinet approved amendment to the Khyber Pakhtunkhwa Journalist Welfare Endowment Fund (Amendment) Act, 2014, to provide medical facilities among needy journalists in the province.

    The cabinet also approved the Khyber Pakhtunkhwa Civil Defence Fire Safety Order, 2019, meant to prevent damage to public life and property, while the appointment of chief executive officer to the KP Board of Investment was also approved.
     
  2. shah_123

    shah_123 FULL MEMBER

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    We have probably largest percentage of youth in the world.---- Instead of employing youth, our govts are increasing retirement age.
     
  3. thunderr

    thunderr FULL MEMBER

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    Bad decision , youth are jobless and these mofos don't want to get retired . Provide your youth with opportunities instead of making problems for them.Enough of this bullshit
     
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  4. Basel

    Basel ELITE MEMBER

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    Do you know the issues faced when a average person got retired on 60 age? Mostly his children have not completed education.
     
  5. Syed1.

    Syed1. SENIOR MEMBER

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    And government has to pay pension for them for the next 20 years in most cases... World over retirement age is 65
     
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  6. American Pakistani

    American Pakistani ELITE MEMBER

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    Retirement age is 67 in US, still people work way above that age.

    Pakistanis should learn the lesson and be more productive.
     
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  7. jamal18

    jamal18 SENIOR MEMBER

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    For me, in the UK, it's 66yrs.

    And it's getting higher.
     
  8. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    At the moment retirement age is 67 in US, and this is getting higher.
     
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