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What is the Retirement Age for Teachers and Professors in India?
The retirement age for teachers in India is a significant topic of discussion due to its effects on educators' financial planning and willingness to retire. In India, your retirement age as a teacher can vary depending on your educational institution and its respective state.
Besides, it can depend on your code of conduct and relationship with students. Retirement for teachers might involve the loss of a satisfying career, so you need to plan early for retirement and utilise retirement benefits to the utmost.
Retirement Age for Private & Government School Teachers
In the following table, the retirement age of teachers and professors, along with the type of institution, has been mentioned:
From the above table, it is clear that the average teacher retirement age in India is 60 years. However, it can vary depending on the policies of the institution and the state in which it is situated. Besides this, your retirement age as a teacher can differ due to your relationships with students and your teaching ability.
CBSE School Teachers' Retirement Age
As per rules by the Central Board of Secondary Education (CBSE), all employees, including the Head of Institution, must retire from active service after they attain the age of 60 years.
In case the age of superannuation falls within the academic year, the employee will be able to retire after the session ends.
Additionally, employees receiving the National/State/CBSE Teachers Award can retire from active duty after age 65. However, this is subject to the individual’s meritorious service, good conduct, and good health.
Find the retirement ages for CBSE school teachers in the table below:
ICSE School Teachers' Retirement Age
According to the Indian Certificate of Secondary Education (ICSE) board, the approximate retirement age of employees is 60 years.
However, the retirement age for the principal will be based on the agreement between the school management and the individual.
Check out the retirement ages for ICSE school teachers in the table below:
Retirement Age of State Board School Teachers
The retirement age for State Board school teachers will differ across states. Here are some of the approximate retirement ages for employees in the following designations:
Retirement Age for Private & Government College Professors
Retirement Age for College Professors in Government Colleges
Retirement Age for College Professors in Private Colleges
Factors Affecting Retirement Benefits for School Teachers
The retirement benefits available to school teachers can be affected due to several factors. They are:
- Designation: The higher the designation, the greater the retirement benefits.
- Salary: The higher the salary, the greater the benefits like pension, gratuity, etc.
- Years of Service: The more service tenure, the higher the gratuity payment.
Post-Retirement Benefits for School Teachers [Private vs Govt]
Check out the post-retirement benefits for private and government school teachers in the table below:
Factors Affecting Retirement Benefits for College Professors
Post-Retirement Benefits for College Professors [Private vs Govt]
Here are the post-retirement benefits for private and government college professors:
As a teacher, you must know your retirement age and plan accordingly to ensure that you have enough funds to support your post-retirement expenses. Also, you should consider factors like lifestyle goals, expenses, future financial needs, medical emergencies, etc.
Overall, you need a comprehensive retirement plan as a teacher to ensure a comfortable and stress-free retirement.
FAQs about Retirement Age in India for Teachers
Can teachers retire earlier than the standard retirement age in India?
Can teachers continue working after retirement age in India?
What should teachers consider when planning for retirement?
What is the Karnataka High Court ruling regarding the superannuation age of teachers at university-affiliated colleges?
What is the significance of Rule 25 of the Karnataka Educational Institutions (Collegiate Education) Rules, 2003, in relation to the retirement age of employees in private educational institutions?
What role does Article 309 of the Constitution of India play in determining superannuation age and service conditions for college teachers?
What is the latest retirement age in India?
What is the average age of a retired teacher?
What is the retirement age of a principal in India?
What is the best age for a teacher to buy term life insurance?
Should teachers continue their life insurance policies after retirement?
Important Articles about Retirement Age in India
Other Important Articles Related to Retirement & Pension Plans
Disclaimer
- This is an informative article provided on 'as is' basis for awareness purpose only and not intended as a professional advice. The content of the article is derived from various open sources across the Internet. Digit Life Insurance is not promoting or recommending any aspect in the article or its correctness. Please verify the information and your requirement before taking any decisions.
- All the figures reflected in the article are for illustrative purposes. The premium for Coverage that one buys depends on various factors including customer requirements, eligibility, age, demography, insurance provider, product, coverage amount, term and other factors
- Tax Benefits, if applicable depend on the Tax Regime opted by the individual and the applicable tax provision. Please consult your Tax consultant before making any decision.
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