Retirement age to be reduced to 60 years

(FASTNEWS | COLOMBO) – The 2022 Interim Budget by President Ranil Wickremesinghe has proposed to reduce the retirement age of public sector and semi-governmental employees to 60 years.

Earlier, the government decided to raise the mandatory retirement age of public sector employees to 65 years and that of semi-governmental employees to 62 years.

Those who have been employed beyond 60 years of age at present in the government and semi-government sectors will be retired as of 31.12.2022.