Govt considers lowering retirement age to 55

ISLAMABAD: Amid discussions over increase in retirement age for selective positions, the government is also examining reducing the average age of superannuation by five years to 55 for containing long-term pension bill. This is one of the proposals suggested by an international lender and currently under federal government’s consideration as part of wider pension reforms, a senior government official told Dawn. Interestingly, the finance ministry … Continue reading Govt considers lowering retirement age to 55