Dear all, I just want to know the maximum age of retirement in manufacturing industry.
From India, Surat
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From India, Surat
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It is usually 58 years. It also depends on the policies and practices of the company. If it is central govt, it is 60 years. In Karnataka, the state govt is also following the same criteria of 60 years of employee age; two years ago, it was 58 years.
From India, Mumbai
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24From India, Mumbai
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Sir, As i known in Silvassa many companies not retire the old employees. even the electricians & fitter also work upto age of 70. It is legal or illegal.
From India, Surat
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From India, Surat
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Hi,
The maximum age of retirement in manufacturing industries is classified into two categories: the nature of work involved is more manual, and the nature of work involved is less manual. If the nature of work involved is more manual, the retirement age is generally 58 years, and in some industries, the retirement age is only 55. However, in any case, the retirement age is based on either the standing orders of the company and/or the service conditions (Appointment Order) of the company. In other cases, it is only 58 years. Moreover, according to the definition in various labor laws, the retirement age is 58 only. Importantly, the eligibility for availing full pension under the EPF Act is 58 years.
Regards,
Udayakumar G
9443628322
From India, Madras
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The maximum age of retirement in manufacturing industries is classified into two categories: the nature of work involved is more manual, and the nature of work involved is less manual. If the nature of work involved is more manual, the retirement age is generally 58 years, and in some industries, the retirement age is only 55. However, in any case, the retirement age is based on either the standing orders of the company and/or the service conditions (Appointment Order) of the company. In other cases, it is only 58 years. Moreover, according to the definition in various labor laws, the retirement age is 58 only. Importantly, the eligibility for availing full pension under the EPF Act is 58 years.
Regards,
Udayakumar G
9443628322
From India, Madras
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If Prime Minister of India can work so hard even at his current age, retire an employee based on his suitability for the post deployed. Not on age.
From India, Bangalore
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From India, Bangalore
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Dear friends,
The retirement age is 58 years as per the EPF Act. Our company is a 160-year-old German MNC, and there the retiring age is 65 years. We have adopted the same model here, and we have been given the green signal by the authorities on this.
From Germany, Gutach
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The retirement age is 58 years as per the EPF Act. Our company is a 160-year-old German MNC, and there the retiring age is 65 years. We have adopted the same model here, and we have been given the green signal by the authorities on this.
From Germany, Gutach
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It is normally 58 years. We also adopt the same in our organization. It is the company's discretion to have them retire at 60 years of age or 65. However, as far as PF regulations are concerned, 58 years of age is taken into consideration as the retirement age.
V. Balaji
From India, Madras
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V. Balaji
From India, Madras
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Dear tsilbrd,
I am responsible for HR activities in a Food Processing Industry, where an employee retired at the age of 58 years as per our organization's terms and conditions of appointment. However, it can be extended at the will of management.
From India, Karnal
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I am responsible for HR activities in a Food Processing Industry, where an employee retired at the age of 58 years as per our organization's terms and conditions of appointment. However, it can be extended at the will of management.
From India, Karnal
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As per the labour laws retirement age is 58 years but in some company people are working ever after his retirement age also it is upto company’s management.
From India, Delhi
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From India, Delhi
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Dear tsilbrd,
Yes, it is 58, as stated in the Employee's Pension Scheme, as well as various state amendments. However, in Maharashtra, by virtue of the Standing Orders Act, the age of retirement is 60.
Secondly, there is no bar to work beyond the age of retirement by any law. If the person's health supports it, he can work up to his death too.
Regards,
KIRAN KALE
From India, Kolhapur
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Yes, it is 58, as stated in the Employee's Pension Scheme, as well as various state amendments. However, in Maharashtra, by virtue of the Standing Orders Act, the age of retirement is 60.
Secondly, there is no bar to work beyond the age of retirement by any law. If the person's health supports it, he can work up to his death too.
Regards,
KIRAN KALE
From India, Kolhapur
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