Compulsory retirement age for State employees revised to 60 – Circular on January 1
Posted by Editor on October 4, 2022 - 12:05 pm
Sri Lanka Government approved the compulsory retirement age of employees serving in State-Owned Enterprises (SOEs) to be revised to 60 years.
The compulsory retirement age was announced through the 2022 Supplementary Budget 2022 in Parliament.
Accordingly, the Cabinet of Ministers has granted approval to the proposal submitted by President Ranil Wickremesinghe as the Minister of Finance, Economic Stabilisation and National Policies to issue the circular in this regard with effect from the 1st of January 2023.
Latest Headlines in Sri Lanka
- Sri Lanka President reviews energy sector progress, urges accountability October 15, 2024
- Ranil Wickremesinghe to address public on October 17, 2024 October 15, 2024
- FR petition filed in Supreme Court seeking re-examination of 2024 Grade 5 scholarship exam October 15, 2024
- Sri Lanka seeks to recover Rs. 3.5 Billion in VAT from imprisoned Arjun Aloysius October 15, 2024
- Sri Lanka’s passport crisis set to end Monday October 15, 2024
