Retirement age may increase to 62 year from 60

It is expected that in sixth pay commission recommendations there will be provision for increasing of retirement age of government employees to 62 years from 60. Sixth pay commission called some senior bureaucrats to give a presentation for it. Increasing retirement age of central Government employees would help the government in postponing its pension liabilities by two years. Final proposal will require approval from Government. In last pay commission (5th pay commission ) Government increased the retirement age from 58 year to 60 year for the same reson.