CHAPTER II
PERSONNEL POLICIES
(c) Service Matters
31. DPE/Guidelines/II(c)/31
Age of retirement of employees of Public Sector Enterprises.
The undersigned is directed to refer to this Department’s O.M. No. 18(10)/99-GM-GL-33 dated 22.8.2001 on the subject mentioned above wherein, among other things, the authority to approve proposals for roll back of age of superannuation from 60 years to 58 years for all PSEs and all categories of employees, both Board level and below Board level, which are duly approved by their Board of Directors was delegated to the Minister-in-charge of the administrative Ministry.
2. The Government has since reviewed this matter and it has now been decided that the powers for roll back of age of retirement of employees of PSEs, including Board level executives, shall henceforth vest with the Cabinet.
3. All the administrative Ministries/Departments are requested to kindly take note of the above decisions for information and compliance. This may also be brought to the notice of all PSEs under this administrative control.
(DPE O.M. No. 18(9)/2004-GM-GL-62 dated 1st April, 2005)
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