Bill proposes retirement age of 60 citing longer lifespans
Kathmandu, March 6 -- After maintaining a 58-year retirement age for three decades, the government has proposed reverting to the earlier retirement age of 60 years, citing increased life expectancy.
The change has been proposed in the Federal Civil Service Bill registered in Parliament on Monday.
The issue of raising the retirement age has surfaced repeatedly, whenever the government made amendments to the law. Now, the government has come up with a formal proposal to this effect in the bill. The Civil Service Act-1993 reduced the retirement age to 58 years from 60 years.
Experts on public administration point out it is already late to increase the retirement age, as life expectancy of Nepalis has grown substantially over the last 31 y...
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