Relief To Teachers & Civil Sevents As SRC Opposes Retirement Age

Relief To Teachers & Civil Sevents As SRC Opposes Retirement Age

Relief To Teachers & Civil Sevents As SRC Opposes Retirement Age

Concerns have been expressed by the Salaries and Remunerations Commission (SRC) Lyn Mengich regarding planned decreases in the retirement age for public employees.

The commission claims that the nation’s pension system is under stress and that early retirement will cause the exodus of skilled people who are highly valued from the labor force.

During a Tuesday interview with a local station, the CEO of SRC stressed the significance of keeping employees on staff until they turn 60.

According to Mengich, the employees continue to be productive and add value to the workforce. Mengich contends that reducing the retirement age is unnecessary.

Mengich stated that the country would lose its experienced citizens if they retired at the age of 55 as is currently suggested because that would imply they are still working at that age and are eligible for a pension.

Mengich said that there is no need to incur a higher pension liability that s already a huge liability, hence they are still productive.This means that retiring them early is not important when they can still contribute to the nation.

SRC CEO Mengich’s reaction comes after a petitioner Charles Chege in February 2024,went to court seeking to abolish the retirement age requirement for employees in both public and private sectors.

The present retirement age restrictions, which are 65 for people with impairments and 60 for regular employees, are unjust, in Chege’s opinion.This is due to the fact that it limits some workers more than others, especially the younger ones, discrediting their skills and capacity to work.