Dear Seniors, what is the retirement age of employees working in private companies in the state of Karnataka. Thanks in advance Regards, Tonmoy
From India, Bengaluru
From India, Bengaluru
In some of the States like Karnataka and Madhya Pradesh, the State governments has amended their act and raised the retirement age from 58 years to 60 years. Though some of the private companies gone for appeal at HC at the respective states their plea was not considered and dismissed by HC. Hence for any private employment, 60 years is the retirement age of worker the above States.
From India, New Delhi
418From India, New Delhi
There is no statutory limit on the age of retirement on superannuation in private sector. Any statutory provision in this regard like the one found in the model standing orders under the IE(SO)Act,1946 is only a guiding factor. It is for the concerned employers and the employees of any particular industrial establishment to decide the age of superannuation by consensus taking into account the factors like nature of the jobs, passing through annual physical fitness tests beyond certain age etc.
From India, Salem
From India, Salem
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Extension of retirement age of teachers in Maharashtra 25.2.2011.pdf
Retirement Age Calculator 58 years.xls