Pension Shock: State Govt Curbs Re-employment, Reclaims Perks
The state government has implemented significant changes to its re-employment policy, effective immediately. Retired employees can now be re-engaged for a maximum period of one year.
Crucially, this re-engagement will not include any benefits beyond the retention of government accommodation, if applicable. This marks a departure from previous, more generous policies.
Furthermore, the government has withdrawn the high-grade pay scale applicable to re-employed personnel, with effect from January 3, 2022. Importantly, no recovery of past payments will be sought.
This policy shift is expected to impact the salaries of several retired employees who were re-engaged under the previous regime. The move has sparked debate among retired government employees and their associations.
The sudden revision raises concerns about financial security for retirees who rely on re-employment for supplemental income. The long-term implications for government finances and employee morale remain to be seen. This development warrants close monitoring given the potential impact on thousands of retired government employees across the state.
