PESHAWAR – Khyber Pukhtunkhwa cabinet has approved amendments in the CivilServants Act 1973 to raise the limit of retirement on superannuation from60 years to 63 years.
Necessary legislation by the provincial legislature will be required forthe implementation of this decision.
The financial stringency compelled the provincial government to take thisdecision for which federal government was also consulted.
Raising the age limit of superannuation for the purpose of retirement hasboth merits and demerits.
It will accrue an annual saving of Rs.24 billion on account payments madeto the retiring government servants on account of commuted part of grosspension, encashment of 12 months salary, T.A and transfer grants.
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But on the other hand it will exacerbate the issue of unemployment andmaking a large number of educated youth overage if upper age limit forfresh appointment is not increased by three years.
Amendment for upward revision of age limit for fresh appointment in theCivil Servants should also have been approved. If it is not done it willmake the future career of educated youth bleak.
