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SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs

SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs

by AIP Online Bureau | Aug 26, 2023 | Banking & Bancassurance, Indian News, Policy

Dinesh Khara,Chairman,State Bank of India “There is a discussion to increase the age limit for retirement of chiefs of PSBs . Simultaneously, discussions are on for raising superannuation age for managing directors of PSBs to 62 years from 60 years,” the...
China delays retirement of employees as population ages, exchequer runs dry

China delays retirement of employees as population ages, exchequer runs dry

by AIP Online Bureau | Mar 28, 2022 | Eco/Invest/Demography, International News, Pension & Social Security, Policy

“The delayed retirement policy reflects that social welfare expenditures related to retirement and old age have become a heavy burden on the central government’s financial expenditure, so it delays retirement to minimize this, its pay pressure,” said...

23.39 pc pay rise for AP govt staff, retirement age up by 2 years

by AIP Online Bureau | Jan 7, 2022 | Indian News, Policy

The enhanced retirement age would be applicable from January 1, 2022 The Chief Minister told the employees’ associations that the pending DA instalment arrears would be paid along with the January salary. Also, the pending payments like provident fund, insurance,...

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