Aug 2, 2012

Finance dept gave report to govt - reduce govt employees benefits and hike pension age

Thiruvananthapuram. Finance department gave its report to over come the financial crisis of the government. Reports says that the finance dept recommend to hike the govt employees pension age to 58 from the present 56,declared saturday as holiday and change the present working houres 10am-5pm to 9.30am-5.30pm. As per the report casual leave will reduce to 12 from the present 20. In addition to this finance department propose the implementation of new pension scheme in the state, ie the contributary pension system. Some report says that finance dept is going to reduce the leave surrender benefit to govt employees. Finance dept also against the creation of new posts in the state.

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