Proposals of Retirement age 62 and 50% DA Merger..?
Proposals of Retirement age 62 and 50% DA Merger..?
Modest Expectation for 50% DA Merger still on the cards
The expectations will not subside until the central government makes it clear whether 50% DA Merger will be approved or not. Though there were mixed news about whether 50% DA Merger is approved or not, Railway and Defence Federation’s Leaders told that the 50% DA merger was approved by the Cabinet. A website belongs to an important railway federation also flashed a news confirming merger of 50% DA is approved by the cabinet. Sometime later it changed its stand and removed the flash news
One of the News Media also confirmed that 50% DA is approved by the cabinet. But so far any announcement in this regard has not been come from the Government. Some Leaders of the Federations told, ‘when we had a talk with them, initially the central government agreed in principle to merge the 50% of Dearness Allowance and its decision was expected from the cabinet meeting held yesterday evening. But we are unaware of the reason for the government not announcing its decision.’
Earlier reports claimed that the government was considering 50% DA Merger and increasing retirement age to 62. But a source close to official side said these will be a part of Terms of Reference of 7th Pay Commission and the Panel , however, can recommend this later
Everybody feels, still it is an incomplete picture, as the government has not declared it is done
Source: www.gservants.com
[http://www.gservants.com/2014/03/01/modest-expectation-50-da-merger-still-cards/]
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Comments
As per now a days human life expectancy is more. they are capable of doing hard work. It will be a good discussion if retirement age increases.it will help for lakhs of government employees.
DA merger is not a big issue but retiring age is big issue.
Rumours all around made all central government employees so eager to listen hike in retiring age.