Dear Seniors,
Request your suggestion and guidance.
We have a senior person designated as V.P. He will be attaining the retirement age in another 3 months time. As per the policy the retirement age is 60 yrs, but if the management wants to extend his employment as a regular employee for some more years, is it possible. What are the formalities and is there a maximum age limit that one can continue in regular employment.
Is there any law/rule governing the same. Please advice.
Thanks
Smile
From India, Bangalore
Request your suggestion and guidance.
We have a senior person designated as V.P. He will be attaining the retirement age in another 3 months time. As per the policy the retirement age is 60 yrs, but if the management wants to extend his employment as a regular employee for some more years, is it possible. What are the formalities and is there a maximum age limit that one can continue in regular employment.
Is there any law/rule governing the same. Please advice.
Thanks
Smile
From India, Bangalore
No governing rule. The organisations are at liberty to extend the service if the employee is willing to serve and medically fit. pon
From India, Lucknow
604From India, Lucknow
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Extension of retirement age of teachers in Maharashtra 25.2.2011.pdf
Retirement Age Calculator 58 years.xls