Retirement Age [Thread 382519]

Dear All,
Please tell me the Retirement Age in Private Sector in Maharashtra. Is there any authority who regulate the Retirement Age?
Awaiting Your Response.
With Regards,
Vineet Deshmukh

Dear Vineet,
Normally it is 58 yrs or as mentioned in the appointment letter.
There is no such (labour) Act which says about retirement age of employees in private sector.

Dear all
after completion of age 58 year what will be the deduction amount & % in the PF contribution by ER ,EE.
Regards
Sarang

Dear Sarang,
After 58 yrs the same 12% will be contributed both by Employee as well as employer. But all the 24% goes to EPF account.
The employer contibution of 8.33% of 12% which goes to EPS(Oension) earlier will be stopped and the same will be deposited in EPF account.

Dear Vineet,
The retirement age is governed by one's own applicable service conditions followed by the Employer. However for the purpose
of administration of PF/Gratuity/ESI etc. respective Acts/Rules prescribes certain maximum age as retirement/superannuation
However for better understanding why don't you do some homework, try these links.
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labour.nic.in - Cached - Similar
CONTRACT LABOUR ACT IN INDIA: AN APPRAISAL
Rgds,
kumar.s.

Pl do not create more confusion related to original question i.e. age of retirement.
AOR is as per Model Standing Orders or Certified Standing Orders or as the Agreements between Management & Union.
You all are requested to PLEASE go through the provision under the standing orders.
Be studious.
-Ulhas Chandratre
Sr. HR Professional, Pune

hi, The Retirement Age of depend of your job in Sector of working. Is there any authority who regulate the Retirement Age? the 60age above you like to Retirement is possible. but all human working for you need to. and deepened of your financial good to your Retirement.

Dear all ,
i need who maintain the PF record in Pvt. Company what returns to be submitted and other related PF forms submission
Regards
Sarang

there is no upper cap on retirement age in private sector.
In developed world, people with good health are doing enviable jobs at 73.