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The Economic Times
The Economic Times

Andhra Cabinet raises retirement age for PSUs; restores Old Pension Schemes for 11,000 employees

the Old Pension Scheme

The Andhra Pradesh Cabinet on Tuesday approved raising the retirement age of employees working in state public sector undertakings (PSUs), Gurukul schools and welfare societies from 60 to 62 years, bringing them on par with state government employees.

The decision will apply to employees and teachers working in PSUs, SC, ST, BC and Minority Welfare Societies, as well as Gurukul educational institutions.

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