It is considered by most of the people that having fixed
annuity
age
for all employees, irrespective of
occupation
, is not
justifedhaving words so spaced that lines have straight even margins
. In my opinion, I agree that the
annuity
age
should be fixed as per the
occupation
of the people and
also
some of the workers should be given an opportunity to retire early owing to their
health
conditions.
First
of all, most of the people who are in their early 60's start facing
health
issues which makes it difficult for them to focus on their jobs.Particularly, where frequent travelling, field visits and physical
work
is the utmost
job
requirement. These types of
job
will
detoriatebecome worse or disintegrate
health
conditions of the employees.
Consequently
,
this
will
also
to low productivity and
demotivation
in the organization.
Secondly
, there are various types of
job
require more physical
work
while
otherplural of other; the people or things not already mentioned
require less.To give a clear example, IT
include office
work
with
minimilistic
physical
work
and employees
work
either on laptops or on computers.
In contrast
to
this
, a regular factory worker does most of the physical
work
and, people near and above 60 years will find it difficult to put physical effort.To illustrate
this
, In mining industry where people have to
work
in harsh conditions and lift up heavy items will find it difficult as they grow older.
Therefore
,
annuity
age
should be decided as per the
occupation
otherwise
it may have
impact on
health
conditions of people.
Furthermore
, In my view, people who
are engageSuggestion
are engaged
are engaging
have engaged
in blue collar jobs
such
as in mining industries, textiles, steels and factories should be given an
oppurtunitya possibility due to a favorable combination of circumstances
of early
retirement
.
In addition
to
this
, white collar jobs people can
also
avail the early
annuity
owing to their
health
conditions. To overcome
this
issue, there should be some relaxation given to the employees to choose
retirement
age
as per their feasibility. Take
for example
, the Public Sector companies in India have set a
retirement
age
at 55 years for all the employees and factory workers.
Also
, the government should encourage industries to
the
annuity
age
as per their
job
categories.
To conclude, In my view, industries should set the
retirement
age
as per the
occupation
and in case of any severe problem, people should be allowed to avail
retirement
and pension benefits at an early
age
.