Hello All, I have been working in an IT company as an HR Generalist for the past 6 years. I would like to inquire whether the retirement policy is mandatory in the company or not. If it is mandatory, could you please confirm what the retirement age will be? Please confirm at your earliest convenience.
Thanks in advance,
Divya
From India, Gurgaon
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1Thanks in advance,
Divya
From India, Gurgaon
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My simple and specific answer to you is as follows:
Whether the retirement policy is mandatory or not, it is essential to ensure clarity in the subject and to eliminate any ambiguity in the minds of individuals.
From India, Mumbai
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Whether the retirement policy is mandatory or not, it is essential to ensure clarity in the subject and to eliminate any ambiguity in the minds of individuals.
From India, Mumbai
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Retirement Age and Policy Considerations
No labor law prescribes a retirement age. However, unless the age of retirement or superannuation is mentioned in the contract of employment between the employer and the workmen, such termination by the employer will be considered retrenchment. Hence, a superannuation policy is a must.
Regards,
Varghese Mathew
[Phone Number Removed For Privacy Reasons]
From India, Thiruvananthapuram
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No labor law prescribes a retirement age. However, unless the age of retirement or superannuation is mentioned in the contract of employment between the employer and the workmen, such termination by the employer will be considered retrenchment. Hence, a superannuation policy is a must.
Regards,
Varghese Mathew
[Phone Number Removed For Privacy Reasons]
From India, Thiruvananthapuram
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Retirement on Superannuation - when - Court judgment.doc
RETIREMENT POLICY 2018.pdf