The Chhattisgarh government, which on Tuesday decided to raise retirement age of state employees from 60 years to 62 years, will save around Rs 600 crore by deferring pension liabilities of those retiring henceforth by two years.
State government officials did not reveal the additional salary bill that would accrue on behalf of extension in retirement age, but vouched for financial viability of the decision. “Chhattisgarh, being a new state, faces an acute shortage of officers at the senior level, which it has been making up by giving extensions to superannuated officers, contractual appointments and overburdening top officers with multiple charges. By retaining senior-level officials for two more years, we hope to cut these additional costs and add efficiency to government’s functioning,” said a senior officer.
Source : The Times of India