Par panel recommends increasing retirement age to 65

NEW DELHI, Feb 7:
A parliamentary committee has recommended that retirement age should be increased from 60 years to 65 years, citing the increase in ageing population and their productivity.
In its report tabled in Lok Sabha today, the committee also advocated a host of benefits to the geriatric population, including upping their income tax exemption limit and setting up of super-speciality hospitals in all states exclusively for them.
“The committee would like the Ministry (Social Justice and Empowerment) to seriously consider the various options which would include reviewing the age of retirement, re-employment opportunities for the retired persons… And setting up a Directorate of Employment and Rehabilitation for Senior Citizens,” it said.(PTI)