The Punjab government rules out the service extension policy for employees
CHANDIGARH: The Punjab government on Monday eliminated the policy of granting service extension to its employees after retirement. A press release said the decision was in line with the budget announcement to return to the earliest retirement age of 58 years of 60.
The Punjab government decided to eliminate the optional extension policy in the period of service after retirement/retirement to generate employment for the state's youth, the statement said after a state cabinet meeting under the presidency of the prime minister. Amarinder Singh here.
The state government had previously allowed the extension of service to all categories of employees up to 60 or 62 years of age by presenting an option in this regard.
This had allowed the government to fill vacancies and address staff shortages in various departments.
The state cabinet approved an amendment to the Punjab Civil Services Rules to make the necessary changes according to the announcement made by the finance minister in his speech on the budget on February 28.
With this decision, employees who are currently in the second year of optional extension, that is, who have reached the age of 59 or 61, as the case may be, and are taking advantage of the second year of optional extension in service, or whose second optional year The extension is scheduled to begin on April 1, 2020, will be withdrawn from service as of March 31, 2020.
Employees in the first year of optional extension in service, that is, who have reached the age of 58 or 60, as the case may be, and are taking advantage of the first year of optional extension in service, or whose first optional extension is scheduled for To begin, you must withdraw from the service as of September 30, 2020.
During the cabinet meeting, the prime minister also asked the ministers to take steps to identify corrupt employees and eliminate them to improve efficiency and transparency, according to the statement.
The cabinet also decided to amend the Punjab Budget and Fiscal Responsibility Administration Act (FRBM), 2003, to allow the state to make an additional loan of Rs 928 million rupees in 2019-20, beyond its net debt limit of 3 percent of the state's gross domestic product (GSDP).
In order to provide relief to the states because of a lower tax refund during 2019-20, and in view of the difficulties they face in managing their finances, the Center had previously decided to allow an additional loan of Rs 58.843 crore in 2019 -20 to the 29 states as a unique special dispensation.