IN PSU BANKS, THE RETIREMENT AGE MUST BE EXTENDED TILL THE INDIVIDUAL AGE OF 65 !!!

"Nowadays, hardly anyone 

looks like an old SAGE; 

at the time of retirement, 

that is, at 60 years AGE. 

Many years back, the 

Indian Government implemented 

the 'Voluntary Retirement SYSTEM'; 

which created a huge gap in the middle 

management, as if there is no coordination 

between any root and any STEM. 

Medical Science has 

advanced a lot in 

these modern DAYS; 

HR Managers are always focusing on 

the attrition rate of young employees, 

but, hardly any of them STAYS. 

But, interestingly, after retirement, 

so many bankers take up 

part time jobs related to 'Mutual Funds', 

'Taxation Laws' and 'Wealth MANAGEMENT; 

and majority of them perform 

well indeed to earn more money, 

so, the retirement policies of PSU 

Banks do require some AMENDMENT. 

A team with a mix of 'Experienced 

Professionals' and 'Freshers' is the 

key for any organization to SURVIVE; 

so, in PSU Banks, the retirement age 

must be extended till the 

individual age of 65."- Arindam Sain