The Union Government is seriously
considering raising the retirement age to 62 for Central Government employees.
Obviously, if the Congress announces this before the Lok Sabha polls, it could
expect a sizeable vote share. North Block, which houses the Union Ministry
of Finance would be
more than happy to have 62 years as the retirement age
because for next two years the pension funds can accumulate. The UPA2 also
wants to put the next government in fiscal tight spot, or what is called the
War Room effect of the AICC.
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