The commission is expected to recommend the increase of retirement age to balance the extra burden on the treasury due to a pay rise across the board. The report recommends a minimum salary of Rs 16,000 and a maximum salary of Rs 1 lakh for employees.
Other recommendations include lowering the minimum eligibility for full pension to 25 years in service from the present 30. Full pension is equivalent to half of the basic pay. The report would also have recommendations intended to raise the efficiency of the employees along with their pay scale.
The Kerala government spends Rs 39,000 crore on its employees’ pay and pension per year. Salaries cost Rs 26,000 crore while pensions cost Rs 13,000 crore.
The government has extended the tenure of the pay commission to November 30.
Is government of Kerala Increase the retirement age? What is your opinion about this?