Normally, it is 58 years or as mentioned in the appointment letter. There is no labor law that specifies the retirement age for employees in the private sector.
Please do not create more confusion related to the original question, i.e., the age of retirement. The Age of Retirement (AOR) is as per the Model Standing Orders, Certified Standing Orders, or as per the agreements between Management and Union. You are all requested to please go through the provisions under the standing orders. Be studious.
Regards,
Ulhas Chandratre
Sr. HR Professional, Pune
The retirement age depends on your job sector. Is there any authority that regulates the retirement age? If you are above 60 years old, retirement is possible, but everyone needs to work. Your financial situation also impacts your retirement.
There is no upper cap on retirement age in the private sector. In the developed world, people with good health are doing enviable jobs at 73.
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