Double bang for employees! Salary increased by 23.29%, retirement age increased to 62
Double bang for employees! Salary increased by 23.29%, retirement age increased to 62
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There is double good news for government employees. In fact, the government has increased both the retirement age and the salary of the employees. Let us tell you all that the government has increased the salary hike of employees by 23.29%, while the retirement age has also been increased from 60 years to 62 years. Yes, according to the information received recently, the Andhra Pradesh government has given great good news to its employees. In fact, the state government has given a double gift to its employees. Here the salary hike of the employees has been increased by 23.29%. At the same time, the retirement age of employees has also increased from 60 years to 62 years. The new salary has been received from January 2022.

Let me tell you all that the Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy took this decision by talking to the representatives in a meeting with the representatives of the Employees' Association. In fact, the Chief Minister announced that now the employees of the state will get the benefit of the increased salary. In this meeting, time was given till June 30 this year to find a solution to other issues with the employees. According to the information received, the change will be effective from July 1, 2018, while the monetary benefits associated with it will be paid from April 1, 2020. At the same time, with the increased salary, the new salary will be available from January 1, 2022.

This means that there is going to be a bumper increase in the salary of the employees. Yes and according to a statement issued by the government, this decision will put an additional financial burden of Rs 10,247 crore annually on the exchequer. After this meeting, the Chief Minister told the employees' associations that the outstanding Dearness Allowance (DA) will be paid along with the January salary. At the same time, provident fund, insurance, leave encashment and other pending payments will be fully cleared by April. This means that in this meeting, the government solved many problems related to the salary of the employees of the state.

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