Dear Seniors, what is the retirement age of employees working in private companies in the state of Karnataka. Thanks in advance Regards, Tonmoy
From India, Bengaluru
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1From India, Bengaluru
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In some of the states like Karnataka and Madhya Pradesh, the state governments have amended their acts and raised the retirement age from 58 years to 60 years. Though some private companies have gone for an appeal at the High Court in the respective states, their plea was not considered and was dismissed by the High Court. Hence, for any private employment, 60 years is the retirement age of a worker in the above states.
From India, New Delhi
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From India, New Delhi
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There is no statutory limit on the age of retirement on superannuation in the private sector. Any statutory provision in this regard, like the one found in the model standing orders under the IE(SO) Act of 1946, is only a guiding factor. It is for the concerned employers and the employees of any particular industrial establishment to decide the age of superannuation by consensus, taking into account factors like the nature of the jobs, passing through annual physical fitness tests beyond a certain age, etc.
From India, Salem
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From India, Salem
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Karnataka State Minimum Wage 2018-19.pdf