Thursday, January 25, 2018

Jobs, pensions crisis as 37pc of civil servants set to retire

PSC chairperson Margaret Kobia. FILE PHOTO | NMG PSC chairperson Margaret Kobia. FILE PHOTO | NMG 
A jobs and pension crisis will hit the public service as the number of civil servants set to retire in the next decade rose to 37 per cent.
The Public Service Commission (PSC), in a report to Parliament, said the percentage of civil servants above the age of 50 increased from 35 per cent in the year to June 2016, to 37 per cent last year.
This means that 66,000 civil servants will retire before 2027 amid fears that the State will be forced to retain some workers beyond the retirement age of 60 due to a skills shortage.

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