SRC Issues Final Stance on Civil Servants and Teachers’ Retirement Age Amid Confusion

SRC Issues Final Stance on Civil Servants and Teachers’ Retirement Age Amid Confusion.

SRC Issues Final Stance on Civil Servants and Teachers’ Retirement Age Amid Confusion: Speaking during an interview, SRC Chairperson Lyn Mengich has maintained lowering the retirement age would force the country taxpayers to shoulder a higher pension, owing to the higher number of people on pension demanding payments

She noted that there are other countries where there is no retirement age. If people retire at 55 years,  it means that they are pensionable at 55  years and in the state, these are people who are still productive and effectively contribute growth of the economy.

This comes after the Public Service Commission(Amendment) Bill, 2023 that is seeking to reduce the retirement age to 55 years. demanding the country to reduce the retirement ago from 65 to 55 years.

According to the proposal that has ignited a debate, this will be a great opportunity for younger people to also explore the Jobs Field in the country, that is largely held by the older generation.

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