Please through some light on the above subject relevant to state Govt. laws.Since most of the firm while issuing employment letter they put \'on attainment of 58 years of age you will be retiring from services\' If the clarification is given it will be useful to all my senior employees of the firm.
From India, Chennai
From India, Chennai
1168
Attaining 58 yrs & completion of 58 yrs means the same thing to my understanding;
Anyways, for clarification pls put clause as "when any person completes 58 yrs as per the official DOB records, he will retire",
From India, Mumbai
Anyways, for clarification pls put clause as "when any person completes 58 yrs as per the official DOB records, he will retire",
From India, Mumbai
Retirement policies, of banks, private corporates, governments differ vastly - It can be 55, 58, or 60. When it is mentioned that upon attaining the age of 58, it clearly means that upon person completing the age of 58. The law is very clear. Perhaps the person who has posted the query is not able to find the difference between completion and attaining....
From India
From India
On completion of 58 means last day of the 58th year i.e. 1 day before of the Date of birth.
From India, Pune
From India, Pune
Dear All,
As all said that 58 completion is the retirement age but in case of small companies retirement is not given easily to the employees as they work from long term and they have very small area of business and limited staff so does this effect any compliance's like EPF, Gratuity etc.
Pls clarify...
From India, Jamnagar
As all said that 58 completion is the retirement age but in case of small companies retirement is not given easily to the employees as they work from long term and they have very small area of business and limited staff so does this effect any compliance's like EPF, Gratuity etc.
Pls clarify...
From India, Jamnagar
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Retirement Age Calculator 58 years.xls
Retirement Age Of Workmen Changed To Sixty Years.pdf