Page 2 - Retirement Age
Economic Survey warns of aging population, says retirement age should rise
It also said that policymakers need to prepare for an increasing number of elderly people, estimating there will be 239.4 million Indians over the age of 60 in 2041 against 104.2 million in 2011
 "Economic Survey warns of aging population, says retirement age should rise")
Eco survey calls for raising retirement age, merging schools as India ages
The conclusions in the study, "India's Demography at 2040: Planning Public Good Provision for the 21st Century," will have major implications for many companies
 "Eco survey calls for raising retirement age, merging schools as India ages")
Letter to BS: Raise retirement age of judges, says Attorney-General
It is time for a review of the retirement age and the retirement process in the government and the public sector
 "Letter to BS: Raise retirement age of judges, says Attorney-General")
Karnataka's move to raise retirement age to 60 at private firms draws flak
Karnataka plans to bring a law to increase the retirement age of employees to 60, which companies say it would hurt the state more as there are millions of unemployed people who would lose out on newer opportunities. The state cabinet has approved the plan to increase the retirement age from 58 to 60 that it expects to come into effect from May. "The new age will mainly affect factories. It is difficult health-wise for the workers to work beyond 58. It also leads to less productivity. The move would have been good had there been a serious shortage of workforce, however, we have a lot of unemployment currently," says BC Prabhakar, president of Karnataka Employer's Association.The association has already sent a letter to the labour minister expressing concerns over the extension of the retirement age. The association says this could lead to delay in promotions for juniors as well as postpone opportunities for those who are unemployed."Unlike 20 to 30 years back, there is a very strong .
 "Karnataka's move to raise retirement age to 60 at private firms draws flak")
