Sunday, May 20, 2012

Retirement Age in HMT


The most of the Central Public Sector Enterprises (CPSEs) employees age of superannuation is same as for Central Government Employees i.e. 60 years but  in some CPSEs  (particularly sick and loss making units)  the age of superannuation is 58 years.

A proposal for rising the age of retirement of the employees of HMT Limited from 58 years to 60 years has incorporated in HMT Limited’s proposed revival plan. Earlier HMT limited and its subsidiaries  were not eligible for enhancement of the age of super
superannuation as per DPE guilines.
The above information was given by the Minister for Heavy Industries & Public Enterprises Shri Praful Patel in a written reply in the Lok Sabha

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