PM Khan likely to extend retirement age of govt employees

[Zibago]

PM Khan likely to extend retirement age of govt employees
Abdul Qadir On Jun 14, 2019 Last updated Jun 14, 2019

ISLAMABAD: Prime Minister Imran Khan has summoned establishment division to mull over the matter of extending the retirement age of government employees.

ARY News reported that the Pakistan Tehreek-e-Insaf government put forth the suggestion of increasing the retirement age and the prime minister directed the secretary finance to consult with the establishment division in this regard.

The chief ministers and chief secretaries of Punjab and Khyber Pakhtunkhwa also presented their views on the matter. Moreover, the PM also directed them to submit a report regarding the financial, administrative and law aspects about the decision of extending the retirement age.


The Prime Minister Office also sent an immediate letter to the governments of Punjab and KP, asking them to submit a comprehensive report and proposals within two days.

It is pertinent to note that the official age of retirement for government employees is 60 years.

As per sources, the KP government is likely to increase the retirement age by three years and it may announce this decision during its budget session.
https://arynews.tv/en/imran-khan-retirement-age-govt-employees/

 

[waqasmwi]

Very bad decision

 

[Yaseen1]

very bad decision when large population of youth is unemployed ,we are not europe where population is old.

 

[Mahmood-ur-Rehman]

Reason ?

 

[fitpOsitive]

Reason ?

Love.

 

[B.K.N]

Reason ?

IMF

 

[Abdussamad]

Reason ?

Can't afford to pay them pensions.

 

[Rusty]

65 is normal retirement age in the rest of the world. how is it 60 in Pakistan?
that makes no sense.

 

[VCheng]

Can't afford to pay them pensions.

75% of the pensions budget goes to the military. How much can the government save by this extension that applies only to a quarter of the pensions budget?

 

[B.K.N]

75% of the pensions budget goes to the military. How much can the government save by this extension that applies only to a quarter of the pensions budget?

Why IMF wants Pakistan to increase retirement age

 

[VCheng]

Why IMF wants Pakistan to increase retirement age

This decision is being made by the Government of Pakistan, not by IMF.

 

[B.K.N]

This decision is being made by the Government of Pakistan, not by IMF.

IMF gave this suggestion how it effects economy

 

[VCheng]

IMF gave this suggestion how it effects economy

The IMF does not give such suggestions. The government comes up with such decisions to balance its books.

 

[Abdussamad]

65 is normal retirement age in the rest of the world. how is it 60 in Pakistan?

poor healthcare system!