CURRENT AFFAIRS

Detailed explanation-1: -Jagan Mohan Reddy. The Y.S. Jagan Mohan Reddy government in Andhra Pradesh has promulgated an ordinance raising the retirement age of State government employees from 60 years to 62 years with effect from January 1, 2022.

Detailed explanation-2: -In 2018, the Shivraj government had increased the retirement age from 60 years to 62 years. Last time too, before the assembly elections, the government had taken a decision on this matter.

Detailed explanation-3: -As for private employees, labour department decides this and EPFO does not decide the retirement age, he said. In private sector, there are two retirement ages. At some places it is 58 years while at others it is 60 years. In many companies it is even more.

Detailed explanation-4: -The retirement age for central government employees was last revised in May 1998, when it was moved up from 58 to 60 years. The corresponding age in the private sector has largely been in the 58 to 62 year-band.