Retirement age to increase to 62? How will it benefit government employees?

Special changes have been made to the retirement rules for government employees. As a result of this change, the retirement time of the employees will increase as well as the pension will also get great benefits. 

If the retirement is extended by two years, other opportunities and facilities will be available. It is known that this rule will be implemented soon.

However, it is good to know that this change in retirement rules has been increased especially in the education and health sectors. Will the employees have to face challenges after this sudden change after the rules so far?

The biggest advantage of two extra years of service will be in gratuity. Because gratuity is determined based on the last salary, as a result, if you get two years of extra service time, employees will get special benefits in gratuity.

Again, there will be benefits in the case of pension because according to government rules, you have to contribute to the National Pension Scheme, so an additional 24 months of money will be deposited in the pension sector.

In addition, after the employees retire at the age of 62, the government will also provide some health care and welfare benefits. This will bring many changes in the lives of government employees.

After two additional years of service, employees will receive gratuity and arrears more quickly at the time of retirement. 

Because you can prepare for all those tasks as soon as 60 years are completed. At the same time, gratuity will also be calculated correctly. 

There will be no shortage and arrears will be paid quickly. By getting the benefit of two additional years of service, employees will get relief in retirement age and pension, as well as many other benefits. This new rule will be implemented soon. As a result, many employees of the country will benefit.