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Home Personal Finance Employees Retirement Age Update: Good News! Employees retirement age increased by 2...

Employees Retirement Age Update: Good News! Employees retirement age increased by 2 years, they will get benefits, know update

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Employees Retirement Age Update: Good News! Employees retirement age increased by 2 years, they will get benefits, know update

Retirement Age: Employees below the board level will now retire at 60 years, the Union Minister has expressed happiness over this decision. Union Minister of State for External Affairs V Muraleedharan informed about this decision and said that the Chemicals Travancore Limited employees will benefit from this decision.


The Central Government has taken an important decision on the retirement of below board level employees working in Fertilizers and Chemicals Travancore Limited (FACT). Now the retirement age will not be 58 but 60 years. Union Minister of State for External Affairs V Muraleedharan congratulated the Ministry of Chemicals and Fertilizers on the decision to increase the retirement age of the employees working in Fertilizers and Chemicals Travancore Limited, a Kochi-based organization in Kerala.

V Muraleedharan informed about this decision of the government on X. Expressing happiness, he wrote, ‘Happy to know about increasing the retirement age of employees below the board level from 58 to 60.’ He further wrote, ‘This decision is a proof of the Modi government’s commitment to the welfare of employees.’

Central government’s commitment towards work is visible

Referring to the efforts of the Union Chemicals and Fertilizers Ministry and his cabinet colleague Mansukh Mandaviya, Muraleedharan said that this decision of the government will benefit hundreds of families. Let us tell you that Union Minister V Muraleedharan is a Rajya Sabha member elected from Kerala. He also termed this decision taken in the interest of the employees of the Kochi company as a matter of personal happiness.

Expressing happiness, the Union Minister wrote in another post, ‘It is a matter of personal happiness for me considering my close relationship with FACT employees. I, along with the employees and their families, thank Union Minister Mansukh Mandaviya and the Ministry of Chemicals and Fertilizers.

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