(a) the burden on the Government in 2000-2001 on account of deferred
retirement of Central Government employees whose retirement age was
raised in 1998-99 during the current year; and
(b) how the deferred retirement liabilities are proposed to be tackled?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
( SHRI BALASAHEB VIKHE PATIL )
(a) & (b) : At the time of raising the retirement age in 1998-99,
an annual saving of Rs. 5200 crores was estimated on account of deferred
retirement of Central Government employees. In Budget 2000-2001, a
provision of Rs.15,843 crores has been made on account of payment of
pension and other retirement benefits. This covers both the old as well
as the new retirees including Defence Services and non-commercial
departments. In respect of commercial departments, the provision for the
purpose has been made as part of their operating expenses.