UDF ALL SET TO RAISE PENSION AGE FROM 55 TO 60 YEARS

UDF ALL SET TO RAISE PENSION AGE FROM 55 TO 60 YEARS


Tvm: The UDF government is all set to increase pension age of government employees from 55 to 60 years.


On Thursday, CM Oommen Chandy told the assembly that the government has been spending 75% of its revenue on paying salaries, pensions and interest. This would soon go up to 100%. Pensioners have now overtaken employees. We cannot go on like this.


The government is also planning to introduce contributory pension scheme for those who join the service. 


TAIL NOTE:


All work is done before getting Government job; aftermath, you can sleep at office up to 55. Now it is read as "60". What a luck?

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