Here are few investment options for the retired to provide for their monthly household expenses. The idea is to build a retiree portfolio with a mix of these products.
Details of the premature retirement/ separation from service in the Armed Forces
Appointment of three member committee to view representation from Government servant, whom the Appointing Authority has decided for compulsory retirement.
Railway Board order on increase in Superannuation age for IRMS doctors (GDMOs) from 60 years to 65 years with immediate effect i.e., 31-5-2016.
PM approves Central Govt Doctors Superannuation age to 65 years.
Nearly 30% of Posts of Govt Doctors are vacant at present. In order to handle shortage of doctors in rural areas Govt has planned to raise retirement age
Inadequate Financial Preparation for retirement is caused primarily by increasing consumerism, spiralling medical and education expenses, inflationary pressures and a weakening joint family system are some key reasons
Railway Board has communicated to all the Zonal Railways regarding periodical review Premature retirement of Railway servants and guidelines to be followed quoting the DoPT instruction dated 11.09.2015. For better administration, it is necessary to chop off dead wood.
Revised Form 25 meant for taking up commercial employment after retirement and other terms and conditions as per Central Civil Services (Pension) Rules, 1972
BJP fails in Delhi on the worries of Central Government Employees with bio-metric attendance system and reduction of retirement age – Hindustan Times
The Department of Pension and Pensioners Welfare to organize a Pre-retirement counseling workshop on 23 rd December, 2014 The Department of Pension and Pensioners Welfare (DoPPW) is is organizing a Pre-retirement counseling workshop on 23 rd December, 2014 for employees retiring in the next 3 months. The announcement made by DoPPW in this regard is reproduced below. PRE-RETIREMENT COUNSELLING […]
Government considering proposal to reduce Retirement Age of Central Government Employees from 60 to 58 to reduce expenditure – Financial Express reports This unconfirmed news would be really worrying aging central government employees if it is true. One of the leading financial daily in India has in its website reported that Central Government is considering a […]