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Friday, April 27, 2018

At 58, retirement age in India is one of the lowest worldwide

Most countries don’t have a mandatory retirement age. Instead, they fix an age at which a worker can retire with all social security benefits

An analysis of the World Bank data for 177 countries shows that in roughly half of them the full benefit retirement age is 60 or more years.

In India, the retirement comes quite early at 58 for private workers, while employees in the government sector are required to hang up their boots at the age of 60.

retirement 1


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